Dems are about to make Trump a billion. dollars.

[aix_xpert]

If Trump wins the election, his DJT company will pop, and then Trump will HAVE TO SELL his shares in order to divest himself prior to taking office. The Dems can't even complain about his selling his shares, and Trump gets to pocket a cool billion or so.

So not only will he become president again. He'll make a Billion (with a B) dollars doing it. Liberal heads may implode.

Edit: Its the perfect exit plan.

 

[kruxter]

If Trump wins the election, his DJT company will pop, and then Trump will HAVE TO SELL his shares in order to divest himself prior to taking office. The Dems can't even complain about his selling his shares, and Trump gets to pocket a cool billion or so.

So not only will he become president again. He'll make a Billion (with a B) dollars doing it. Liberal heads may implode.

Edit: Its the perfect exit plan.

Why didn't he have to do this in his first term?

 

[aix_xpert]

Why didn't he have to do this in his first term?

First, his company wasn't public. All his hotels and such are a family-owned business. So he just turned over the business to his kids. Dems spent 2 years whining about Trump making profits off the presidency by constantly using Trump Hotels for official government business. But now he owns 57% of DJT stock, which is publicly traded. He can either put it in a blind trust (what you'd do under normal circumstances) or divest it. If he divests it, he's basically cashing out about a Billion dollars. And because he's doing it to eliminate any potential conflicts with his role as president, the libs can't even bitch about it. The party and people who spent $1B trying to keep him out of office will watch him take said office, and cash a $1B check while doing it. That's gotta be a serious kick to the balls (well, if libs had any).

 

[fatman76]

First, his company wasn't public. All his hotels and such are a family-owned business. So he just turned over the business to his kids. Dems spent 2 years whining about Trump making profits off the presidency by constantly using Trump Hotels for official government business. But now he owns 57% of DJT stock, which is publicly traded. He can either put it in a blind trust (what you'd do under normal circumstances) or divest it. If he divests it, he's basically cashing out about a Billion dollars. And because he's doing it to eliminate any potential conflicts with his role as president, the libs can't even bitch about it. The party and people who spent $1B trying to keep him out of office will watch him take said office, and cash a $1B check while doing it. That's gotta be a serious kick to the balls (well, if libs had any).

When Libs start crying about Pelosi’s fortune made by insider trading I’ll consider listening to the hotel argument.

Until then they can STFU.

 

[2012Bearcat]

When Libs start crying about Pelosi’s fortune made by insider trading I’ll consider listening to the hotel argument.

Until then they can STFU.

After the last 8 years of Democrat falsehoods, lies and their weaponization of the legal system against Trump, I'm not giving the slightest credibility to anything Democrats say. They've done nothing but lie and abuse their power to go after political opponents, why would we trust anything they or their mouthpieces in the MSM say?

 

[GhostOfMatchesMalone]

Truth Social is now valued at $10 Billion, and Trump owns 57%.

 

[trapped_in_tx]

This seems wildly illogical to me.

Everyone knows Twitter/X, and gazillions of tools and products have integrations to support it. They have a subscription model to avoid ads, etc.

I have yet to see any social media tool support truth social and I don’t know anyone using it or suggesting I do.

What is the value play driving these stock values?

 

[aix_xpert]

There is zero reason for DJT to be worth anything. Truth Social simply doesn't have the revenues to warrant its value. That's part of why I think Trump would use his election to exit his stake, while the striking is hot, and do so under the premise of presidential divestiture rather than as a "let me get out while the getting is good". I'd also note that whoever has X valued at 10B is a moron. Musk paid 47B for it, which was at its peak, but all of the social media companies have fallen and since recovered since then. I imagine X would be worth close to its original price (based on its peers), but since its private, it doesn't have to report earnings or revenues, so there's no real way of knowing.