Breitbart Business Digest: Trump’s Truth Social Rockets to the Moon

Before you chalk it up to the market’s occasional lapse into irrational exuberance or the speculative frenzy that grips the unwary, it’s worth peeling back the layers of this particular onion. Beneath the tear-inducing ascent—the stock isyear to date and close to its all-time highs—there are some shrewd calculations that could vindicate those who have decided to tie a part of their fortunes to Trump’s.

collaborating with a network of government and non-governmental institutions to suppress conservative thought. Elon Musk’s acquisition of Twitter, and its transformation into X, creates a natural competitor for Truth Social that did not exist a few years ago.The $300 million or so of funding that the merger ofwith Digital World Acquisition Corp. will bring to the venture gives the company an opportunity for expansion beyond just the digital bulletin board forum in which it currently exists.

If it does begin to gain traction with a user base of significant size, it will surely attract slings and arrows from outraged censors. There will be calls for it to be thrown off of servers of respectable companies or blocked by the makers of mobile phones and tablets. If they think Trump endangers democracy just by running for president, just wait until he’s running a digital news network, a search engine, and an AI company.

There’s also the problem that a lot of the names associated with the company are not deeply experienced with running a social media platform. It remains to be seen whether they can. Only with the passage of time will we see if the current management team can realize Truth Social’s potential.It’s a calculated risk

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