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Truth Social

A new Trump Media deal could put cold, hard cash in former president's hands

by David Brancaccio and Erika Soderstrom
Jul 30, 2024
A “standby equity purchase agreement” may produce a windfall for the 2024 candidate. ProPublica's Justin Elliott explains.
Donald Trump owns about 60% of Trump Media, "and his stake at current market prices is worth roughly $4 billion," said Justin Elliott of ProPublica.
Stefani Reynolds/AFP via getty Images
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Why Donald Trump can still run his media group

by David Brancaccio and Alex Schroeder
Jun 6, 2024
We parse the law when it comes to felons and publicly traded companies.
As a convicted felon, Donald Trump could become U.S. president again, but not a cosmetologist in the state of New York.
Charly Triballeau/Pool/AFP via Getty Images
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The truth about Truth Social

by David Brancaccio , Kimberly Adams and Erika Soderstrom
May 3, 2024
The media company is basically a meme stock, but it's helping former President Trump accumulate wealth.
"This is a small company that is not growing and is losing money hand over fist," said Jay Ritter of the University of Florida.
Anna Barclay/Getty Images
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Trump's Truth Social debuts on the stock market. Here's what you need to know.

by David Brancaccio , Alex Schroeder and Natalie White
Mar 27, 2024
The people purchasing stock of the Trump Media and Technology Group are likely buying shares out of loyalty to the former president rather than faith in it as a good long-term investment, argues the University of Florida's Jay Ritter.
"This is a small company that is not growing and is losing money hand over fist," said Jay Ritter of the University of Florida.
Anna Barclay/Getty Images
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