Trump Is in Line for a $3.5B Windfall from Stake in Truth Social

Trump Is in Line for a $3.5B Windfall from Stake in Truth Social(wsj.com)

5 points by dannylandau 2 years ago | 4 comments

Twitter sold for a (seemingly excessive) $44B. What justifies $3.5B for Truth Social?

Arnt 2 years ago | |

Magic! Magic justifies it!

There are tens of thousands of retail investors paying ridiculous prices for the smallish available part of the shares. That doesn't mean that there will be takers for the large part held by orangehead.

r721 2 years ago | |

SimilarWeb's traffic estimates (Feb 2024), for context:

twitter.com - Total Visits 5.8B

truthsocial.com - Total Visits 5M

skhunted 2 years ago | |

It would most likely be a way to legitimize bribes.