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Trump Is in Line for a $3.5B Windfall from Stake in Truth Social

5 points| dannylandau | 1 year ago |wsj.com

4 comments

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8organicbits|1 year ago

Twitter sold for a (seemingly excessive) $44B. What justifies $3.5B for Truth Social?

Arnt|1 year ago

Magic! Magic justifies it!

There are tens of thousands of retail investors paying ridiculous prices for the smallish available part of the shares. That doesn't mean that there will be takers for the large part held by orangehead.

skhunted|1 year ago

It would most likely be a way to legitimize bribes.