From Financial Gains to Infrastructure Tragedies

Over the past few years, Donald Trump’s social media platform, Truth Social, has been dismissed as a money-losing boondoggle.

This week, that all changed. Matthew Goldstein, a New York Times business reporter, explains how its parent venture, Truth Media, became a publicly traded company worth billions of dollars.

Guest: Matthew Goldstein, a New York Times business reporter.

Background reading: 

• What to know about Trump Media’s high-flying stock debut.
• Ethics experts say the publicly traded company could present a new way for foreign actors or others to influence Mr. Trump, if he is elected president.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. 

Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.