As a stock market deal closes, Trump is expected to receive billions.

According to outside companies, Truth Social saw almost five million visits in February. In contrast, more than 100 million people visited Elon Musk’s X, formerly known as Twitter, which was reportedly valued by one investor at almost $14 billion.

Analysts claimed that Digital World was an excellent illustration of a “meme stock,” one in which the stock price is unrelated to the underlying business and very certain to decline.

Mr. Trump, whose name and posts on the platform have been his primary contributions to Trump Media, is positioned to be the top beneficiary of whatever it is that inspires consumers.”It’s a huge transfer of value from [investors]… to Trump, which is going to be very profitable for him,” says Michael Ohlrogge, a New York University law professor who has researched the listings of businesses like Trump Media.

READ ALSO  Suhum Municipal Assembly Equips 793 artisans with certified vocational skills.

Other stories

• Ukraine receives 1.1 million rounds of ammunition that the US took from Iran.

• According to an Ericsson estimate, by 2029, 85% of people worldwide would get 5G, with Africa setting the pace.

• The White House acts against strong business resistance to eliminate the need for this insurance.

• As seasoned musician KK Kabobo fights liver disease, please call for assistance.

• MONTESSORI MODEL UNITED NATION (MMUN) WEST AFRICA OFFICE LAUNCHED IN GHANA.