What will Donald Trump's Truth Social Stock be worth when he is allowed to sell (~ September 2024)? 🗽🦅🇺🇸💲🟠

Ṁ7348

Nov 1

ALL

0 to 1 billion

95%

1 to 2 billion

2 to 3 billion

3 to 4 billion

4 billion or more

Upon IPO, Trump's stake was worth $4.8 Billion

Trump Media’s initial public offering could theoretically help solve these problems: Trump’s stake in the company is worth about $4.8 billion at its current stock price, according to Barron’s.

He owns 78.75 Million shares or 58% of common stock

President Donald Trump, whose 78.75 million shares give him a stake of nearly 58% of the social media company's common stock.

At the Current Price of $37.47, that makes Trump's stake worth $2.95 Billion

RESOLUTION

Evaluated based on the stock price of Truth Social $DJT when Trump's lockup period ends and he is able to start selling his stock (currently this will be in September 2024, but could be sooner if the company's board allows)
- (essentially, multiplying 78.75 million by the Stock Price)

#🇺🇸 2024 US Presidential Election

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5 Comments

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bought Ṁ350 2 to 3 billion NO

At 12:00am on Sep 20, 2024, the stock was worth $14.33 per share. This calculates out to Trump's stake worth $1.13 billion. However, I don't think I asked to clarify if this resolves to when the markets open or if it's midnight of his lockout ending. So 🤷.

I'll point to this market having resolved as precedent.

https://manifold.markets/TeddyWeverka/will-trump-be-locked-up-before-his?r=UXVyb2U

[disregard[

Shouldn’t this be dependent MC?

opened a Ṁ250 4 billion or more NO at 8% order

Excellent point. I'll fix that with the power of arbitrage.

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