If you ever wanted a crash course in Trump's "billionaire" claim
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Cape May County - If you ever wanted a crash course in Trump's "billionaire" claim , just take a quick look at at Trump Media...Everyone was going on about the stock soaring blah blah blah...it's no different than Gamestop; enthusiastic investors artificially propping up a company's valuation despite it's financials being in the toilet. Trump Media had a valuation somewhere around $8 billion(down 25% today!), similar to Reddit. Trump Media lost $58M with $4M in revenues. Reddit lost $90M with $804M in revenues. Trump Media has lost $100M in 2 years while bringing in $6.7M. That math doesn't work people.
Print Publication Date:
4/10/2024