Truth Social stock rose on the increased belief that Trump would be elected President. DJT is a meme stock that has nothing to do with its business fundamentals -- it effectively tracks Trump's probability of being elected at this point. As an amusing side point -- Truth Social is now worth more than X/Twitter. Trump's Truth Social Surges in Value, Overtakes Elon Musk's X https://www.latintimes.com/trumps-truth-social-surges-value-overtakes-elon-musks-x-563862 As the election approaches, Donald Trump's social media outlet Truth Social has surged in value, leading it to be currently valued more than Elon Musk's X (formerly Twitter). Shares of Trump Media & Technology Group (TMTG) ended Monday up 21.6% to $47.36/share in regular trading, meaning the company has a market capitalization of about $9.48 billion, as reported by Variety. X on the other hand, is valued at about $9.4 billion following a significant second-quarter loss, as reported by Fortune. Despite Truth Social being significantly smaller than X, TMTG shares hit their highest level since mid-July. This comes after record lows in September, which market veterans said is being driven by whether or not people believe Trump will win the election, as reported by CNN. The recent surge comes after Trump held a rally at Madison Square Gardens in New York City, which received a lot of backlash after a comedian featured at the rally called Puerto Rico a "floating island of garbage." Trump owns 56.6% of TMTG's shares, which now collectively have a worth of about $5 billion.
Through history when elites come out of the shadows and start overtly and blatantly manipulating politics in competition with each other, empires have collapsed. What Elon and Besos, the Mercers and more have been doing is like a death rattle for America.
Well Musk queued for 6 hours to shake Odumbo's hand back in 2008 And voted for Dementia Joe in 2020. But Biden deliberately pushed Musk away because Musk doesn't want unions at Tesla. Dumbest move ever. So it was Biden who has made Trump richer by deliberately losing Musk.
What Happens When Donald Trump Gets Tired of Elon Musk? https://www.newsweek.com/what-happens-when-donald-trump-gets-tired-elon-musk-1975156
It is stable and normal for the main stage of a society. Silent power is always there. There can be a lot of coloring outside the lines but best the plebs don't notice. You don't break norms casually. People accept the higher ups have a different set of rules but they do insist there are rules, social norms, or trust is broken.
When Soros, Zucker, Bezos, and a hoard of multi-billionaires are working on liberal ideas and spending hundreds of millions to skew the elections, everybody is silent. Now we got Muck, and suddenly, "when elites come out of the shadows and start overtly and blatantly manipulating politics in competition with each other, empires have collapsed." You libs are disgusting manipulators.
Yeah that was happening with the imaginary world pill you swallowed because you have fuck all education and you are malleable. Holding norms is not what I am talking about.