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Trump Media & Technology Group Corp. ( TMTG) is a Sarasota, Florida based, American media and technology company best known as the owner of Truth Social and for being primarily owned by former U.S. president Donald Trump. It also plans to launch a subscription based streaming service called TMTG+. [ 4]
TMTG doesn’t have VC runway. Venture capital is a high-risk, high-reward strategy where fundamentally unprofitable businesses are propped up until something changes and they can make money.
"TMTG may be subject to greater risks than typical social media platforms because of the focus of its offerings and the involvement of President Trump," the company said, citing risks that include ...
TMTG was the third-biggest percentage gainer across U.S. exchanges at 11:54 a.m. ET, according to LSEG data. Retail trader-focused social media and trading platform Stocktwits listed it as the ...
With the stock last at $67.69, TMTG had a market capitalization of $9.1 billion, lifting the value of Trump's stake to over $5 billion. Trump's media company surges for second day after stellar ...
SARASOTA, Fla., July 03, 2024 (GLOBE NEWSWIRE) -- Trump Media & Technology Group Corp. (Nasdaq: DJT) (“TMTG” or the “Company”), operator of the social media platform Truth Social, yet another of President Donald J. Trump’s iconic American brands, announced today that it signed an agreement to acquire assets intended to power TMTG’s planned content distribution network for streaming ...
The Trump Media & Technology Group (TMTG) says it has tested the streaming service on its web and iOS platforms for six months and has “finished the research and development phase.”. “We ...
TMTG shares were trading at around $51.60 on Wednesday morning, making Trump's stake worth about $4 billion, though he is not allowed to sell or borrow against it for six months.