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Trump will soon be able to sell shares in Truth Social's parent company. What's at stake?
- Trump's lock-up deal is set to expire this week.
- Trump has stated he will not sell shares when the lock-up lifts.
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Trump will soon be able to sell shares in Truth Social’s parent company. Here’s what’s at stake
For all the debate about just how rich former President Donald Trump is, one thing is clear: His ownership stake in Trump Media & Technology Group makes him a billionaire.The company behind the Truth Social platform is worth more than $3.5 billion on Wall Street, and Trump owns more than half of it. So far, Trump and other insiders in the company known as TMTG have been unable to cash in because a “lock-up agreement” has prevented them from sell…
Associated Press News+6 Reposted by 6 other sources
Trump will soon be able to sell shares in Truth Social's parent company. What's at stake?
Donald Trump should have the opportunity starting Thursday to sell his shares in Trump Media & Technology Group, the company behind the Truth Social platform.
·United States
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Total News Sources9
Leaning Left4Leaning Right0Center4Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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