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Trump Media valuation is insane

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Ex-president’s business looks a lot like a meme stock: wildly inflated and destined for collapse

At one point, the Trump Media was valued at over $10 billion after going public on Tuesday. Photograph: Michael M. Santiago/Getty ImagesAs well he might. At one point, the company was valued at over $10 billion after going public on Tuesday.Truth Social has never taken off as a social network, and the loss-making company brought in revenues of less than $3.5 million in the first nine months of 2023.

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