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Northwest · M
It's really a speculative stock. The real issue is that Truth Media was started after Trump was banned from Twitter.
The agreement, which gave him 2/3rd or more of the stock, in return for only lending them their name and agreeing to post to the medium exclusively.
This is how Trump makes money: rents his name and other people take the financial risk.
His kids and wife got a chunk also, not to be mixed up with his.
Enter Elon Musk, who was the single most successful factor in putting Trump in the White House. He has Twitter, so Trump is back to Twitter.
His name value to Truth Media evaporated, because this is not going to be his primary medium.
By the time this is over, there will be massive lawsuits and the stakes are in the $Billions. Obviously he's not going to sit down to a deposition for the next 4+ years, and then a few more years after that.
The real money, was had by Musk, who by the closing yesterday, had added more than $25 Billion to his wealth since Wednesday.
The agreement, which gave him 2/3rd or more of the stock, in return for only lending them their name and agreeing to post to the medium exclusively.
This is how Trump makes money: rents his name and other people take the financial risk.
His kids and wife got a chunk also, not to be mixed up with his.
Enter Elon Musk, who was the single most successful factor in putting Trump in the White House. He has Twitter, so Trump is back to Twitter.
His name value to Truth Media evaporated, because this is not going to be his primary medium.
By the time this is over, there will be massive lawsuits and the stakes are in the $Billions. Obviously he's not going to sit down to a deposition for the next 4+ years, and then a few more years after that.
The real money, was had by Musk, who by the closing yesterday, had added more than $25 Billion to his wealth since Wednesday.
ElwoodBlues · M
@Vin53 Or perhaps a money laundering scheme.
PicturesOfABetterTomorrow · 41-45, M
But I thought the orange man could magically make the line go up. All his followers said so.
SomeMichGuy · M
Good.
oldguy73 · 70-79, M