Two former “Apprentice” contestants who helped found Truth Social have sold their nearly 6 percent stake in Trump Media & Technology Group.
Category: Moss, Wes (1976- )
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What Trump Selling His Trump Media Shares Could Mean for Stakeholders
A lockup provision has kept him from being able to sell Trump Media shares. With that prohibition about to expire, the price is down more than 70 percent from its peak.
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Donald Trump’s Wealth Now Hinges on Trump Media
Mr. Trump has treated Trump Media, which runs his social network Truth Social, as a low-cost sideshow. Now a big portion of his wealth hinges on its success.
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Truth Social Co-Founder Says Trump Nearly Derailed Deal That Led to Market Windfall
Andy Litinsky, who helped start the former president’s social media company, revealed Mr. Trump’s last-minute doubts about an agreement that made them all very wealthy.