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Truth Social (stylized as TRUTH Social) is an alt-tech [4] [5] [6] social media platform owned by Trump Media & Technology Group (TMTG), an American media and technology company majority-owned by former U.S. president Donald Trump. [7] It has been called a " Twitter clone" that competes with Parler, Gab, and Mastodon in trying to provide an ...
At Tuesday's closing price of $57.99, Trump Media had a market cap of around $8 billion. The former president founded Truth Social after he was kicked off major social media apps like Facebook and ...
TMTG Sub Inc. Website. tmtgcorp .com. Footnotes / references. [2] [3] Trump Media & Technology Group Corp. ( TMTG) is an American media and technology company majority-owned by former U.S. president Donald Trump. Founded by Andy Litinsky and Wes Moss in 2021, [4] it became a public company on March 26, 2024 after merging with Digital World ...
The parent company of Donald Trump’s Truth Social platform started trading on Wall Street on Tuesday, with its shares appearing under the ticker “DJT” and priced at $78.. Their value ...
“Because Truth Social users help the frenzy, in part, so in that sense it is a meme stock,” Tiu said. “My own personal opinion is it has to be a bit of a meme stock,” Dunn said.
With DWAC stock having risen in anticipation of this event to more than $42 per share, and Trump the largest holder with $79 million shares, he could soon find himself owning $3 billion in equity ...
March 25, 2024 at 10:59 AM. Charly Triballeau. Donald Trump's media company is set to make its debut on the stock market Tuesday, a development that could generate a windfall for the cash-strapped ...
TechCrunch Minute: Why the company behind Trump’s Truth Social joined the growing IPO trend. The Reddit and Astera Labs IPOs last week ate up a lot of media oxygen. And with good reason, the two ...