28 Mar 2024
30m

The Newest Tech Start-Up Billionaire? Donald Trump

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The Daily

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This podcast episode explores the creation and progress of Truth Social, a social media platform founded by Donald Trump. The episode discusses the market value of Truth Social, the involvement of Trump in the company, the challenges faced in securing funding, the investigation conducted by the SEC, the factors that contributed to the turnaround of the platform, the motivations of small shareholders, the stock market debut of Trump Media & Technology Group (the parent company of Truth Social), and the fragile nature of the stock price. It provides insights into the financial success and controversies surrounding Truth Social and the impact of Trump's involvement on the platform's performance.
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