Donald Trump’s social media company Trump Media is now worth more than Elon Musk’s X after surge in stock price

Donald Trump’s Truth Social has surpassed Elon Musk’s X in value, thanks to a surge in shares of the parent company for the former president’s social media platform.

As reported by AP, Trump Media & Technology Group is now valued at over $10 billion, having seen its shares more than quadruple since late September.

In comparison, X Holdings is valued at approximately $9.4 billion, according to the latest assessment from the investment group Fidelity regarding its stake in the platform formerly known as Twitter.

Read more

You may also like

Comments are closed.

More in IT