Not long ago, Donald Trump’s social-media company, Truth Social, seemed like it was on life support. But when the company went public this week, its stock soared. WSJ’s Amrith Ramkumar explains how Truth Social’s valuation shot up despite its weak revenue and user numbers, and what it could mean for Trump’s financial and political future. Further Reading: - Truth Social Stock Price Surges on First Day of Trading, Increasing Trump’s Fortune - Trump Can Post Smaller $175 Million Bond in Civil Fraud Case - Dear Donald Trump, Here’s How to Manage Your Stock-Market Fortune Further Listening: - Trump Needs $450 Million He Doesn’t Have - Biden vs. Trump: The Rematch Nobody Wants Learn more about your ad choices. Visit megaphone.fm/adchoices
No persons identified in this episode.
This episode hasn't been transcribed yet
Help us prioritize this episode for transcription by upvoting it.
Popular episodes get transcribed faster
Other episodes from The Journal.
Transcribed and ready to explore now
Medicare, Inc. Part 1: How Insurers Make Billions From Medicare
06 Jun 2025
The Journal.
Deportations Could Upend This Parachute Factory
05 Jun 2025
The Journal.
The Struggle to Get Aid Into Gaza
04 Jun 2025
The Journal.
The Everyday American Who Hustled for North Korea
03 Jun 2025
The Journal.
Stop Making Cents: The End of the Penny
02 Jun 2025
The Journal.
Ron Howard and Brian Grazer on Longevity in Hollywood
01 Jun 2025
The Journal.