Trump Media Posts $58M Loss on $4M Revenue, Despite $7B Valuation Surge
👉 Key Highlights:
📍 Trump Media & Technology Group reports $58 million loss on $4.1 million revenue.
📍 Company's valuation hits $7 billion despite financial discrepancies.
📍 Truth Social platform contrasts with Reddit's $804 million revenue and 267.5 million users.
📍 Stock tripled this year, fueled by retail trading and re-election speculations.
📍 Trump owns 57% stake, worth about $4 billion, restricted by six-month lock-up.
📍 Digital World Acquisition Corp. merger brings $275 million to Trump Media.
📍 Company's high valuation deters short sellers with 500% borrowing costs.
📍 Trump faces legal challenges, including a criminal trial set for April 15.
📍 Trump Media & Technology Group reports $58 million loss on $4.1 million revenue.
📍 Company's valuation hits $7 billion despite financial discrepancies.
📍 Truth Social platform contrasts with Reddit's $804 million revenue and 267.5 million users.
📍 Stock tripled this year, fueled by retail trading and re-election speculations.
📍 Trump owns 57% stake, worth about $4 billion, restricted by six-month lock-up.
📍 Digital World Acquisition Corp. merger brings $275 million to Trump Media.
📍 Company's high valuation deters short sellers with 500% borrowing costs.
📍 Trump faces legal challenges, including a criminal trial set for April 15.
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Simon 5183 : Which newly listed company is not losing money? Amazon has been losing money for over 10 years!