A look at Trump Media & Technology Group, which lacks a product, users, publicly identified executives, and revenue, and its merger with DWAC, valued at $1.85B
much less a profitable one. TMTG went public by merging w/a SPAC, Digital World. That transaction netted Trump about $300 million https://popular.info/... See also Mediagazer
Trump's media company, which has no products, revenues, or subscribers, currently has a $1.6 BILLION market cap That's more than the current value of @BuzzFeed, a real media company that had $421 million in revenue last year! https://popular.info/... https://twitter.com/...
5. Critically, Trump has structured TMTG so it can make him a ton of money even if it never becomes a real company — much less a profitable one. TMTG went public by merging w/a SPAC, Digital World. That transaction netted Trump about $300 million https://popular.info/...