Thread Rating:
  • 5 Vote(s) - 1.8 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Truth Social going public net Trump estimated 2 to 4 BILLION
#4
SPAC deal. Instead of an IPO. I remember hearing a lot about SPAC mergers during the wild Covid stock market ride and how many of them ended up failing.

I guess Trump has some earlier agreement where he isn’t allowed to sell shares for 6 months after closing the deal. So this might not help his financial woes right now.

DWAC stock was down bigly today, the blank check company merging with Trump media. I’ve seen claims truth social user base has fallen 40% year over year. And they lost $49 million over the first 9 months of their operation in 2023.

It’s possible you may get better returns investing in coal or whale oil.
Reply/Quote





Messages In This Thread
RE: Truth Social going public net Trump estimated 2 to 4 BILLION - NATI BENGALS - 03-23-2024, 12:33 AM

Forum Jump:


Users browsing this thread: 1 Guest(s)