_trump-media-amp-technology-group-valued-at-365-7-billion-in-merger-deal-but-losses-suggest-lower-worth-than-stock-price.jpg "Trump Media & Technology Group Valued at $5.7 Billion in Merger Deal, But Losses Suggest Lower Worth Than Stock Price from w5 facebook Video Screenshot Preview")
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⏲ Duration: 0:43
👁 View: 830K times
✓ Published: 26-Mar-2024
👁 View: 830K times
✓ Published: 26-Mar-2024
Description:
Donald Trump's Truth Social is set to become part of a publicly traded company after its parent company's merger was approved. The merger values Trump Media & Technology Group, Truth Social's parent company, at around $5.7 billion. However, Truth Social has only about 5 million active monthly users compared to platforms like Facebook and TikTok, which have more than 3 billion and 350 million active monthly users worldwide, respectively. Truth Social will continue losing money \
Donald Trump's Truth Social is set to become part of a publicly traded company after its parent company's merger was approved. The merger values Trump Media & Technology Group, Truth Social's parent company, at around $5.7 billion. However, Truth Social has only about 5 million active monthly users compared to platforms like Facebook and TikTok, which have more than 3 billion and 350 million active monthly users worldwide, respectively. Truth Social will continue losing money \
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