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284,922 Views • Apr 3, 2023 • Click to toggle off description
Trump’s diehard fans are not as excited by Truth Social as they once were. The Department of Justice, Securities and Exchange Commission and Financial Regulatory Agency are all examining the venture, looking at things such as trading activity and communications between the SPAC and Trump’s business. Meanwhile, the SPAC, which fired its chief executive last month, only has until September 8 to complete the merger. Further complicating matters, Elon Musk bought Twitter in October, and promptly reversed the ban on Trump and other right-wing figures. That undermined the case that the world needed a more-conservative version of Twitter. Today, shares of Trump’s SPAC are 92% off their highs, trading at $14 apiece, a level that suggests the former president’s business is worth $1.2 billion.
Read the full story on Forbes: www.forbes.com/sites/danalexander/2023/04/03/trump…
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Views : 284,922
Genre: News & Politics
Date of upload: Apr 3, 2023 ^^
Rating : 4.669 (506/5,602 LTDR)
RYD date created : 2024-01-14T18:22:55.234056Z
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YouTube Comments - 1,262 Comments
Top Comments of this video!! :3
Has anyone considered that “Truth Social” tanked because it couldn’t live up to its name?
745 |
Everything involving him flops. Look at the republican party.
355 |
he'll make the money back the old fashioned way, scamming his cult members
684 |
How can his net worth pouch even seven bucks? He lives in debt and on grift handouts.
649 |
I’m so happy for his loss😁!!!
293 |
Sounds like everything else he's driven into the ground, including the country.
276 |
When Elon bought Twitter and started reducing censorship of hate speech and extremism big advertisers started pulling their money. If that happened to Twitter how palatable do you think Trump's ridiculous little extremist platform is to the very advertisers he needs to survive? He completely misjudged this.
376 |
This guy is definitely good at business failures.
323 |
It’s seriously sad that he has that kind of money and begs for money from his people that is more than likely not doing very well financially
579 |
Trump's first miscalculation was everyone wanted to hear from him. 😏👍💙🇺🇸🕊
358 |
As New Yorkers we are use to his failures. Casinos, airlines, football teams, charities, universities, steaks wines etc.
138 |
Couldn't happen to a more deserving fellow
155 |
Everything 45 touches dies.
17 |
Forbes should dig into his “portfolio” and see what is real and what is smoke and mirrors
72 |
He is a crook!! Lock him up already!!!! 😡
110 |
Trash social. Why would you get involved with a social network if you don’t understand their poor business model?
212 |
That valuation for Truth Social was BS like the rest of Trump’s wealth and business management.
54 |
No worries, Donnie...Lindsey is out there raising big bucks for ya. Lots of tears too!
83 |
He was a rich man until Ivana divorced him over the Marla Maples scandal. Ivana was the brains of his outfit. The money he makes now is from scamming naiive fans who still think he's the tycoon they saw on teevee. He lives on a throne of lies.
42 |
@timdoggy
1 year ago
Everything donnie touches dies Don't feel sorry at all for the investors, they knew who they dealing with
440 |