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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.
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Trump Media & Technology Group ( DJT) stock continued to fall Tuesday after sinking 18% on news the parent company of Donald Trump's social media platform Truth Social had filed to issue more than ...
At $74.80 per share, TMTG's market capitalization crossed $10 billion on an undiluted basis, an astronomical valuation for a company that reported an operating loss of $10.6 million for the first ...
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]
The TMTG/DWAC investor presentation was thin on details. And it quickly became apparent that some of the code being used to build TMTG product TRUTH Social was not properly sourced . It’s all a ...
There’s no doubt that many, many shareholders in the newly public TMTG will sell their shares as soon as possible. But if Trump wanted to finance his current liabilities, he’d have to sell ...
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 ...