Haha, Trump increased his shares to 1 Billion shares, from 78 million. Squeezig everyone else out.
Also, Truth Social values itself at $4Billion, LOL.
It seems nothing here smells right, from the valuation of the company to somehow Trump declaring he has 1 billions shares of the company.
How in the holy hell can that dumpster fire of a social media site be worth $4billion????
IDK, but let me know when that IPO hits, because I'm ready to short like crazy!
The spac IPO took place a couple years ago.
You're talking about the de-spac, when the two companies merge and DW becomes public.
How in the holy hell can that dumpster fire of a social media site be worth $4billion????
Might be similar to selling books or shoes. It'll be bought to give way more money than otherwise would be allowed. A wealthy donor might not be allowed to send the money directly. So they buy loads of books/shoes/etc.
Stock split to make him feel important. I'm guessing, of course. Plus he probably thought this make the company more valuable.
Haha, Trump increased his shares to 1 Billion shares, from 78 million. Squeezig everyone else out.
Also, Truth Social values itself at $4Billion, LOL.
It seems nothing here smells right, from the valuation of the company to somehow Trump declaring he has 1 billions shares of the company.
How in the holy hell can that dumpster fire of a social media site be worth $4billion????
IDK, but let me know when that IPO hits, because I'm ready to short like crazy!
The spac IPO took place a couple years ago.
You're talking about the de-spac, when the two companies merge and DW becomes public.
Might be similar to selling books or shoes. It'll be bought to give way more money than otherwise would be allowed. A wealthy donor might not be allowed to send the money directly. So they buy loads of books/shoes/etc.
Stock split to make him feel important. I'm guessing, of course. Plus he probably thought this make the company more valuable.