Category: Trump Media & Technology Group

Legal Fight Over Trump Media’s Ownership Adds to Its Woes

Two ex-contestants on “The Apprentice” sold the former president on the idea of a social media platform. Now, the company and the pair are wrangling over their stake.
Some of Trump’s Biggest Political Backers Also Threw Trump Media a Lifeline

Two billionaires, a wealthy election denier and a mysterious Russia-linked trust invested in the Trump company long before it went public.
Traders Are Betting Millions That Trump Media Will Tumble

The parent company of Truth Social is a popular target for short-sellers, even after they lost $100 million last month betting on a decline in the stock that didn’t come.
2 Brothers in Trump Media Insider-Trading Scheme Plead Guilty

Michael and Gerald Shvartsman, who had originally pleaded not guilty to securities fraud charges, each pleaded guilty to one count of securities fraud.
Trump Media Stock Slumps as Early Fervor in Truth Social Owner Fades

A rapid fall in price erased billions of dollars in the market value of the parent company of Truth Social, eating into some of the gains made in the volatile stock’s public debut.
Many People and Companies Have Made Millions on Trump Media’s Stock

A surge in the social media company’s market value has generated a windfall for current and former executives, on top of the bonanza for its largest shareholder, former President Trump.
What to Know About Trump’s High-Flying Stock Debut

Trump Media attracted a frenzy of interest on its first day of trading, and is now worth nearly $8 billion. Here are the basics of what’s happening.
Trump’s Media Company Gets Lofty Valuation on First Trading Day

Trump Media & Technology Group, fresh from a merger with a cash-rich shell company, started trading on the Nasdaq, adding billions of dollars to the former president’s wealth.
Lofty Valuation Carries Trump’s Social Media Company Into First Trading Day

Trump Media & Technology Group, fresh from a merger with a cash-rich shell company, is set to trade Tuesday on the Nasdaq, adding billions of dollars to the former president’s wealth.
Trump’s Multibillion-Dollar Social Media Company Will Start Trading on Tuesday

Trump Media & Technology Group completed a deal to merge with Digital World Acquisition Corp., a cash-rich shell company. The merger increases the former president’s net worth by roughly $3 billion.
Big Republican Donor Jeff Yass Owned Shares in Trump Media Merger Partner

The billionaire Wall Street financier is also a major investor in ByteDance, the Chinese parent company of TikTok, which faces a possible ban in the United States.
Trump Media Merger Is Approved, Providing Fresh Source of Cash

The deal will pump money into Trump Media, which will allow Truth Social to keep operating. Mr. Trump’s personal stake in the company will be worth more than $3 billion on paper.