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jsonstein@masto.deoan.org ("Jeff Sonstein") wrote:

“The value of his 57 percent stake in Trump Media — which he was given primarily in exchange for lending his name and support to the platform — has fallen by $4 billion since the company’s Wall Street debut in March.

Trump Media is losing tens of millions of dollars each quarter and struggling to generate sufficient advertising revenue from Truth Social to justify even its current lower valuation.”

https://www.nytimes.com/2024/09/09/business/trump-media-stock-lockup-agreement.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb