How much are Truth Social’s executives making after Trump Media lost millions?
8 months, 4 weeks ago

How much are Truth Social’s executives making after Trump Media lost millions?

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Donald Trump The former president and current Republican presidential candidate is not just the reason Truth Social exists — having been conceived after he was banned from other social media platforms following the January 6 Capitol riot — but he is also its biggest draw to the platform with almost seven million followers. Phillip Juhan Trump Media’s chief financial officer Phillip Juhan joined the company from Town Sports International, which owns gym brands including New York Sports Club among others. Dan Scavino was deputy chief of staff for communications in the Trump White House and director of social media, having also worked on the former president’s 2016 campaign. While Mr De Moraes has just 45 shares bought on the open market, Mr Novachki has 45,000 and Mr Glabe has 20,000 Eric Swider, a board member of Trump Media who previously held the position of CEO of DWAC until the merger, owns 153,153 shares, though 143,000 of those are issued to Renatus, a company in which he is a managing partner.

Social Congress Executives Price Company Stock Donald Trump President Trump Media Sec Russian Truth Social Inside Washington Mr Trump Shares Washington Email Scavino Dwac Juhan Mr Nunes Other Executives  sec  executives  price  president  stock  company  social  socials  making  lost  mr  trump  media  shares  truth  millions

History of this topic

Donald Trump transfers nearly $4 billion worth of his Trump Media shares to revocable trust
2 weeks, 4 days ago

Donald Trump transfers nearly $4 billion worth of his Trump Media shares to revocable trust

Live Mint  

US President-elect Donald Trump has transferred all his stake in Trump Media & Technology worth over $4 billion to a revocable trust of which he is the sole beneficiary. According to the Securities and Exchange Commission filing, Trump transferred 114.75 million shares, or 53% of Trump Media & Technology’s outstanding stock, worth around $4 billion on paper, in the parent …

Trump moves his entire $4 billion stake in Truth Social into his trust ahead of White House move
2 weeks, 5 days ago

Trump moves his entire $4 billion stake in Truth Social into his trust ahead of White House move

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump has transferred all 114.75 million of his shares …

Trump transfers entire $4B stake in Trump Media to his trust
2 weeks, 6 days ago

Trump transfers entire $4B stake in Trump Media to his trust

Salon  

President-elect Donald Trump has transferred all of his Trump Media shares to the Donald J. Trump Revocable Trust, controlled by his eldest son, Donald Jr., according to regulatory filings revealed Thursday. The Securities and Exchange Commission filing showed that Trump received no money for the roughly 115 million shares in Trump Media & Technology Group — the parent company of …

Donald Trump dismisses ‘fake and illegal’ Truth Social ‘rumours’ spreading after his election victory
Top News
2 months ago

Donald Trump dismisses ‘fake and illegal’ Truth Social ‘rumours’ spreading after his election victory

Hindustan Times  

Former US President Donald Trump has finally broken his silence on social media following his recent election victory, addressing speculation around his investment in Truth Social, the platform he founded after his Twitter ban in early 2021. REUTERS/Jonathan Drake/File Photo Earlier rumors had circulated that Trump might sell shares in Truth Social, which he strongly refuted in a statement, calling …

Trump promises he won't sell Truth Social shares, calls for investigation into rumors
Trending News
2 months ago

Trump promises he won't sell Truth Social shares, calls for investigation into rumors

Salon  

Donald Trump promised not to sell off shares of Truth Social's parent company and called for an investigation into rumors that he would on Friday. Trump's commitment to his stock came in a post to his social media platform, his first written post to the site since his election victory. "There are fake, untrue, and probably illegal rumors and/or statements …

Trump just made $500 million with a single Truth Social post
2 months ago

Trump just made $500 million with a single Truth Social post

CNN  

CNN — President-elect Donald Trump’s social media stock had been sinking fast after a short-lived, post-election-victory surge this week. At Friday’s market open, in what was likely a classic “buy the rumor and sell the news” trade, shares of Trump Media and Technology Group had fallen 42% since their recent peak shortly after Wednesday’s open. But then, a half-hour into …

Media Executives See More Deals, Less Regulation Under Trump
2 months ago

Media Executives See More Deals, Less Regulation Under Trump

Live Mint  

Media executives see the possibility for more mergers and deregulation enabling the growth of broadcast and TV empires with the election of Republican Donald Trump to the US presidency. “That would provide a real positive and accelerated impact on this industry that’s needed.” Media and telecom executives have begun weighing in on what a second Trump presidency may mean for …

Trump Media gains post-election, even as Truth Social parent reports $19 million quarterly loss
2 months ago

Trump Media gains post-election, even as Truth Social parent reports $19 million quarterly loss

Associated Press  

NEW YORK — The parent company of Donald Trump’s social networking site Truth Social lost $19.2 million in the last quarter, according to an earnings report released on the same day he won back the presidency. Trump Media and Technology Group reported late Tuesday that much of that loss stemmed from more than $12 million in legal fees, along with …

Trump Media share price surge 40% overnight on Robinhood amid speculation of Donald Trump’s election win
2 months ago

Trump Media share price surge 40% overnight on Robinhood amid speculation of Donald Trump’s election win

Live Mint  

Shares of Trump Media & Technology Group, the social media company founded by former U.S. President Donald Trump, surged as early results from the U.S. presidential election began to roll in. Trump Media & Technology Group Corp.'s stock is often seen by investors as a barometer for Donald Trump’s political prospects, especially as he seeks re-election in a closely contested …

DJT: Trump’s social media stock spikes after victory, making him $1 billion richer
Trending News
2 months ago

DJT: Trump’s social media stock spikes after victory, making him $1 billion richer

CNN  

New York CNN — Donald Trump didn’t just win the White House. Truth Social owner Trump Media & Technology Group, Trump’s social media company, is skyrocketing in value this morning after CNN and other media outlets projected Trump won the election. Trump Media’s stock, which trades under the ticker symbol “DJT,” spiked 35% in premarket trading, implying an astounding market …

Trump Media Posts Lackluster Quarterly Sales as Losses Pile Up
2 months ago

Trump Media Posts Lackluster Quarterly Sales as Losses Pile Up

Live Mint  

Donald Trump’s media company continued to lose money in the third quarter as revenue trickled in during the months ahead of Tuesday’s election. Trump Media & Technology Group Corp., which was worth $7.4 billion at Tuesday’s close, reported a net loss in the three months ending Sept. 30 of $19.2 million and net sales of just over $1 million, a …

Trading in Trump’s media stock repeatedly halted on election day after sudden loss
Trending News
2 months ago

Trading in Trump’s media stock repeatedly halted on election day after sudden loss

The Independent  

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Trump loses $1.3bn in net worth after his social media stock tanks
2 months, 1 week ago

Trump loses $1.3bn in net worth after his social media stock tanks

The Independent  

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Trump’s Truth Social is now worth more than Elon Musk’s X after recent surge in stock price
2 months, 1 week ago

Trump’s Truth Social is now worth more than Elon Musk’s X after recent surge in stock price

The Independent  

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Trump's Truth Social Stock Soars, Outperforming Elon Musk's X in Market Valuation
2 months, 1 week ago

Trump's Truth Social Stock Soars, Outperforming Elon Musk's X in Market Valuation

Hindustan Times  

Trump's Truth Social stock market valuation soars past Elon Musk's X, with shares of TMTG surging nearly 9% on Tuesday. This surge is fueled by strong predictions in betting markets about Trump's lead in the upcoming presidential elections. While X boasts a larger user base, TMTG's valuation surpasses that of X after a recent rally. The stock's rise has sparked …

Trump Media shares halted five times on Tuesday morning amid volatile trading
2 months, 1 week ago

Trump Media shares halted five times on Tuesday morning amid volatile trading

The Independent  

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Column: Former California Rep. Devin Nunes once sued media companies. Now he’s struggling to run one
2 months, 2 weeks ago

Column: Former California Rep. Devin Nunes once sued media companies. Now he’s struggling to run one

LA Times  

A billboard on Highway 99 in the San Joaquin Valley opposes the reelection of then-Rep. Devin Nunes in 2018. Who would have guessed that Devin Nunes, who left Congress to run former President Trump’s media company, would be accused of mismanagement and cronyism? Before taking the helm of Trump Media in 2022, Nunes had a master’s degree in agriculture but …

Top execs exit Trump Media amid allegations of CEO Devin Nunes' mismanagement and retaliation
3 months ago

Top execs exit Trump Media amid allegations of CEO Devin Nunes' mismanagement and retaliation

Salon  

ProPublica is a Pulitzer Prize-winning investigative newsroom. Several people involved with Trump Media believe the ousters are retaliation following what they describe as an anonymous “whistleblower” complaint regarding Nunes that went to the company’s board of directors. In a statement, a spokesperson for Trump Media did not answer specific questions but said that ProPublica’s inquiry to the company “utterly fabricates …

Ex-'Apprentice' candidates dump nearly entire stake in owner of Trump's Truth Social platform
3 months, 1 week ago

Ex-'Apprentice' candidates dump nearly entire stake in owner of Trump's Truth Social platform

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors …

'More winning': Trump foe laughs as Truth Social's stock plummet quickens
3 months, 2 weeks ago

'More winning': Trump foe laughs as Truth Social's stock plummet quickens

Raw Story  

Stock in Donald Trump's media company continued to crater Monday as company insiders near their first opportunity to unload their stake. Read Also: Corporate media keeps hiding the truth about madman Donald Trump The company is widely referred to as a "meme stock," meaning it's gained a "cult-like" following. "Republican presidential nominee Donald Trump is the largest shareholder in Trump …

Trump’s Truth Social stake down by $6.5 billion — on day he’s allowed to start selling
3 months, 2 weeks ago

Trump’s Truth Social stake down by $6.5 billion — on day he’s allowed to start selling

Raw Story  

Former President Donald Trump can now start selling his Truth Social stock after a 6-month "lock-up" period has finally expired. When Trump Media and Technology Group — trading as Trump's initials, $DJT, on the Nasdaq Composite — launched its initial public offering in late March, one share would set an investor back by almost $71. But his majority stake, which …

Trump media plummets to new lows, ex-president can now sell shares of DJT
3 months, 2 weeks ago

Trump media plummets to new lows, ex-president can now sell shares of DJT

Hindustan Times  

Shares of Trump Media & Technology Group Corp. slumped to their lowest level ever at the opening bell Friday, the first day that its biggest shareholder, former President Donald Trump, is free to sell his stake in the company behind the Truth Social platform. Trump owns nearly 115 million shares of the company, according to filings with the Securities and …

Donald Trump can start selling his nearly $2billion worth of shares in his media company. But will he?
3 months, 2 weeks ago

Donald Trump can start selling his nearly $2billion worth of shares in his media company. But will he?

The Independent  

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Truth Social reaches a tricky milestone. Will Donald Trump cash out his stake?
3 months, 3 weeks ago

Truth Social reaches a tricky milestone. Will Donald Trump cash out his stake?

NPR  

Truth Social reaches a tricky milestone. The parent company of Truth Social, the social media company majority-owned by former president Donald Trump, is turning a complicated corner on Thursday. "The stock price of Truth Social is like his crowd size," said professional investor Matthew Tuttle, in a reference to Trump's ongoing fixation with the attendance at his rallies and other …

Trump Media stock jumps after former president says he won’t sell shares when lockup expires
3 months, 3 weeks ago

Trump Media stock jumps after former president says he won’t sell shares when lockup expires

Associated Press  

NEW YORK — Shares of Trump Media & Technology Group Corp. jumped Friday after former President Donald Trump said he won’t sell shares of the social media company. Trump owns nearly 115 million shares of the company, according to a recent filing with the Securities and Exchange Commission. The former president can start selling shares of Trump Media, the parent …

Trump’s $2B decision: Former president vows to hold onto social media venture stock
3 months, 3 weeks ago

Trump’s $2B decision: Former president vows to hold onto social media venture stock

Politico  

“I don’t need money,” Trump said during a press conference in California, in response to a question. “I have absolutely no intention of selling.” He added: “We built this platform, and the reason I built it was I don’t want to have my voice shut down.” The $2 billion question of whether Trump will sell has hung over Trump Media …

Truth Social stock plunges by more than 15 percent after widely panned Trump debate
3 months, 4 weeks ago

Truth Social stock plunges by more than 15 percent after widely panned Trump debate

Raw Story  

Shares in former President Donald Trump's Trump Media and Technology Group, the parent company of his Truth Social network, took a nosedive in early trading on Wednesday, plunging by more than 15 percent shortly after the opening bell on Wall Street. The dive in Truth Social shares came after Trump delivered a widely criticized debate performance against Vice President Kamala …

Stakeholder in Trump's Truth Social parent company wins court ruling over share transfer
4 months ago

Stakeholder in Trump's Truth Social parent company wins court ruling over share transfer

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. UAV is owned by Andrew …

Shares in Trump's media company have plummeted 74% since their peak this spring
4 months ago

Shares in Trump's media company have plummeted 74% since their peak this spring

Salon  

Trump Media & Technology Group, the social media company that owns Truth Social and is itself majority-owned by one of its most avid users, former President Donald Trump, reached its peak value in March after merging a with publicly traded shell company. Trump, who owns 115 million shares, about 60% of the company, saw his Trump Media stake reduced in …

Trump’s Truth Social parent company stock price falls to all-time low
4 months ago

Trump’s Truth Social parent company stock price falls to all-time low

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Stock in Donald Trump’s media company hit its lowest level …

Trump's media stock falls again — this time below $18
4 months ago

Trump's media stock falls again — this time below $18

Raw Story  

Donald Trump's media company stock has fallen again, this time down to $18. A year later, CNBC showed that the Truth Social parent company is suffering far worse than his presidential campaign numbers, which are down against Kamala Harris' 48 percent, a USA TODAY/Suffolk Poll said. Under the agreement, insiders can't sell their stock until a certain amount of time …

Why Trump might have trouble cashing in on Truth Social billions
4 months, 1 week ago

Why Trump might have trouble cashing in on Truth Social billions

The Independent  

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'Rats jumping off a sinking ship': Insiders dumping Truth Social stock as price tanks
4 months, 1 week ago

'Rats jumping off a sinking ship': Insiders dumping Truth Social stock as price tanks

Raw Story  

According to a new report, if Donald Trump wants to tap into a cash windfall that awaits him from his stake in Trump Media & Technology Group, the parent company of Truth Social, his time is coming soon but there are also indications some of the company's insiders are seeing the writing on the wall and it is not good. …

Truth Social stock has lost more than 40 percent of its value in just over a month
4 months, 1 week ago

Truth Social stock has lost more than 40 percent of its value in just over a month

Raw Story  

Shares in the Trump Media and Technology Group Corporation have continued their downward spiral and now stand at their lowest value since shares became publicly traded. As USA Today notes, Trump Media shares closed at a record low of $20.99 per share on Tuesday -- and have since sunk lower and are trading in the $19 range as of this …

Cryptocurrency, Truth Social and gold bars: A look at Trump’s reported sources of income
4 months, 3 weeks ago

Cryptocurrency, Truth Social and gold bars: A look at Trump’s reported sources of income

LA Times  

Former President Trump owns more than $1 million worth of cryptocurrency and up to $250,000 in gold bars along with his portfolio of golf courses and real estate properties, according to recent financial disclosures. Trump’s golf courses also make money for him, including $37 million from his club in Bedminster, N.J., where he addressed the media on Thursday; $31 million …

Trump’s financial disclosure reveals $1m in crypto and a lucrative side hustle with Bibles
4 months, 3 weeks ago

Trump’s financial disclosure reveals $1m in crypto and a lucrative side hustle with Bibles

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Donald …

Trump set to 'absolutely decimate' Truth Social investors with return to X: analyst
4 months, 3 weeks ago

Trump set to 'absolutely decimate' Truth Social investors with return to X: analyst

Raw Story  

Donald Trump's appearance on X Monday night should deeply concern a surprising group of people, a Slate analyst argues — his shareholders. "Trump spent Monday providing free publicity for the main competitor of his publicly traded social media company," Kirshner writes. " Trump Media, the eponymous parent company of the former president's Twitter-adjacent site Truth Social, lost 5 percent of …

Donald Trump’s Truth Social: The former president’s return to Twitter reveals his greatest scam yet.
4 months, 3 weeks ago

Donald Trump’s Truth Social: The former president’s return to Twitter reveals his greatest scam yet.

Slate  

Donald Trump spent Monday providing free publicity for the main competitor of his publicly traded social media company, and you’ll never guess what happened next. Rather, Trump Media is a $5 billion company because some of Trump’s fans think it is cool to own a company that trades as $DJT and supports Trump. Nowhere in the company’s “risk factors” filed …

Truth Social stock takes a tumble as Trump makes his X return
4 months, 3 weeks ago

Truth Social stock takes a tumble as Trump makes his X return

The Independent  

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Trump’s Truth Social lost $16.4 million last quarter and had under $1 million in revenue
4 months, 4 weeks ago

Trump’s Truth Social lost $16.4 million last quarter and had under $1 million in revenue

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump’s social media company Trump Media and Technology Group …

Trump’s net worth has dropped by $900m since Harris entered the race
5 months, 1 week ago

Trump’s net worth has dropped by $900m since Harris entered the race

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump’s net worth has dropped by an estimated $900m …

Trump Media made deal that could secure major financial windfall for the GOP candidate
5 months, 3 weeks ago

Trump Media made deal that could secure major financial windfall for the GOP candidate

Raw Story  

ProPublica is a Pulitzer Prize-winning investigative newsroom. “The Company entered into the Standby Equity Purchase Agreement,” Trump Media & Technology Group, the company behind Trump’s Truth Social platform, said in a filing. “These outlandish and nonsensical conspiracy theories about TMTG’s routine, transparent business practices constitute legally actionable defamation, and we will take legal action in response,” a Trump Media spokesperson …

Trump media shares soar on reelection bid boost
5 months, 3 weeks ago

Trump media shares soar on reelection bid boost

LA Times  

The Truth Social account for Donald Trump is shown on a mobile device. Shares of Trump’s media company surged in early trading Monday after a failed assassination attempt on the former president over the weekend. The shares of Donald Trump’s media company surged in early trading Monday after a failed assassination attempt on the former president over the weekend boosted …

Shares of Trump Media swing wildly after first US presidential debate, fall 10%
6 months, 1 week ago

Shares of Trump Media swing wildly after first US presidential debate, fall 10%

Associated Press  

Trump Media fell more than 10% Friday after the first U.S. presidential debate, demonstrating another of the wild swings that have made its stock one of the more volatile on Wall Street. President Joe Biden and former President Donald Trump clashed Thursday evening on topics including abortion, immigration and the Jan. 6, 2021 attack on the U.S. Capitol. Citi analysts …

Trump Media stock sinks near all-time low as SEC declaration may dilute existing holders
6 months, 2 weeks ago

Trump Media stock sinks near all-time low as SEC declaration may dilute existing holders

Hindustan Times  

Trump Media & Technology Group Corp. sank in late trading after the US Securities and Exchange Commission declared effective a regulatory filing that could dilute shareholders. Trump Media, which owns Truth Social, has been volatile since going public earlier this year with the stock soaring as high as $79.38 in the days after its debut before sinking as low as …

Trump has now lost $267M with 'erratic' Truth Social stock: report
6 months, 3 weeks ago

Trump has now lost $267M with 'erratic' Truth Social stock: report

Raw Story  

Donald Trump has lost more than $267 million as the value of his eponymous media company continues to plummet, according to a new financial analysis. Trump Media stock values dipped 6.29 percent on Monday and brought share prices to just $34.72 as of Tuesday, Newsweek reported. Truth Social’s parent company reportedly hit a low point last week not seen since …

Trump Media in spiral as it plunges to lowest level in months: report
6 months, 3 weeks ago

Trump Media in spiral as it plunges to lowest level in months: report

Raw Story  

Trump's media company is losing stock value yet again. Trump Media and Technology Group, formed by a merger with the "blank check" firm Digital World Acquisition Corp., manages Trump's Truth Social platform, a barebones social media site mainly used by Trump himself to make stream-of-consciousness posts known as "Truths." In recent weeks, the stock price of Trump Media, had been …

Trump Media shares swing wildly and then tumble a day after former president was convicted
7 months, 1 week ago

Trump Media shares swing wildly and then tumble a day after former president was convicted

Associated Press  

Shares of Trump Media & Technology Group closed lower Friday after swinging wildly over the course of the day following the conviction of former President Donald Trump in his hush money trial. After the U.S. stock markets closed Thursday, a New York jury found Trump guilty of falsifying business records in a scheme to illegally influence the 2016 election through …

Trump Media shares down more than 6% after hush money guilty verdict
7 months, 1 week ago

Trump Media shares down more than 6% after hush money guilty verdict

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors …

Trump's biographer says Truth Social investors will be 'wiped out' if they don't sell
7 months, 2 weeks ago

Trump's biographer says Truth Social investors will be 'wiped out' if they don't sell

Raw Story  

Investors in Truth Social, if they don't sell now, will eventually be "wiped out," according to Donald Trump's own biographer. Trump biographer David Cay Johnston, who has covered Trump's taxes and financial matters for years, appeared on MSNBC on Saturday, where he was asked about recent news involving the former president's social media company that went public. Specifically, the host …

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