Trump Media & Technology Group Valued at $5.7 Billion in Merger Deal, But Losses Suggest Lower Worth Than Stock Price from julia raskin tiktok Watch Video
Preview(s): Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
Your browser does not support playing the video.Please download the video!
⏲ 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 \