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Trump's potential Truth Social earnout is an avenue for outside interests if he becomes president, experts say - TL;DR CNBC

Trump's potential Truth Social earnout is an avenue for outside interests if he becomes president, experts say

Publishing timestamp: 2024-04-01 13:44:51


Summary

Donald Trump is set to earn over 35 million shares from his Trump Media holding company, potentially coinciding with him becoming president again. This could lead to foreign or domestic interests investing in the company to sway Trump while he is in office. Trump's earnings are dependent on the stock hitting certain values, and the company's success relies heavily on Trump's popularity and social media following.


Sentiment: MIXED

Tickers: DWACDJT

Keywords: business newsgovernment and politicsbreaking news: politicstrump media & technology group corpelectionspoliticslawsdonald trumpdigital world acquisition corp

Source: https://www.cnbc.com/2024/04/01/trump-stock-earnout-poses-ethics-concerns-if-hes-president-experts-say.html


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