Trump Media’s Gamble - Cash, Politics & Vaporware
May 7, 2025 ·
19m 38s
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Description
Trump Media & Technology Group Corp. (TMTG), the parent company of Truth Social, presents itself as a politically aligned media disruptor but operates without a revenue model, product pipeline, or...
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Trump Media & Technology Group Corp. (TMTG), the parent company of Truth Social, presents itself as a politically aligned media disruptor but operates without a revenue model, product pipeline, or infrastructure typically expected from a public tech firm. Despite holding $777 million in cash from a 2024 SPAC merger, the company faces numerous red flags: massive insider compensation and stock selling, minimal operational updates, and opaque governance bolstered by a move to Florida incorporation. With conceptual-only products like Truth+ and Truth.Fi, and full reliance on Donald Trump's brand visibility, TMTG exemplifies high-risk speculative investing driven more by ideology than fundamentals.
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Information
| Author | C. Lege |
| Organization | Chad Lege |
| Website | - |
| Tags |
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