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submitted 10 months ago by [email protected] to c/[email protected]

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#Trump’s Truth Social is now a public company. Experts warn its multibillion-dollar valuation defies logic

“Despite the late-day slide, Wall Street is still assigning Trump Media an eye-popping valuation of nearly $11 billion — a price tag that experts warn is untethered to reality.”
https://www.cnn.com/2024/03/26/markets/trump-media-stock-truth-social?cid=ios_app

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[–] [email protected] 1 points 10 months ago

@[email protected]
So wait, Wall Street is saying Don’s blog is worth nearly half as much as Xitter?

That shit is going to tank faster than you can say “Bored Ape”