Trump Media & Technology Group Valued at $5.7 Billion in Merger Deal, But Losses Suggest Lower Worth Than Stock Price from million Watch Video
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⏲ Duration: 0:43 👁 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 \