True Social's $8 billion valuation, driven by excitement over Trump, is questioned due to its small user base and revenue compared to other platforms like Twitter and Facebook. Despite its tradability on Wall Street, investors, especially Trump supporters, see it as a way to invest in Trump directly, banking on a potential win in the upcoming election. Investors are placing bets on the company's performance tied to the election outcome. This unique situation adds a political dimension indicating a correlation between Trump's success and True Social's valuation.
Former President Trump sees billions of dollars in potential from Truth Social, President Biden formally declares March 31st or this year's Easter Sunday as “Transgender Day of Visibility,” and the funeral of a New York City police officer draws thousands of mourners. Get the facts first with Morning Wire.
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