Trump faces a Monday deadline to post a bond in the case.How much is Truth Social worth? Donald Trump's social media company has completed a merger that could net him over $3 billion.Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday.
is set to own most of the combined company - or nearly 79 million shares, with a value of nearly $4 billion. The former president was in New York Monday attending a hearing on his criminal hush money case. Elsewhere, a New York appeals court reduced to $175 million what he must post in cash or a bond while appealing a $454 million civil fraud ruling..NY appellate court rules Trump can post a lower bond of $175M to cover his civil fraud judgment
Truth Social launched in February 2022, one year after Trump was banned from major social platforms including Facebook and X, formerly Twitter, following the Jan. 6 insurrection at the U.S. Capitol. He's since been reinstated to both but has stuck with Truth Social. Trump has promoted Truth Social on the platform itself - on Friday he posted "I love Truth Social."
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