The company – which has only raised $5m since 2021 – benefits from meme stock status, valued not for revenue but for clicks
Donald Trump could rack up a paper fortune of more than $3bn when the part of his business that owns Truth Social, the social media platform he created, is listed on the US stock market.
Shareholders in Digital World Acquisition, the listed vehicle set to turn into Trump Media & Technology, are scheduled to vote on the transaction on Friday, in a move that could boost Trump’s wealth considerably.