Former President Donald Trump is poised to receive an additional 36 million shares of Trump Media Tuesday — an “earnout” bonus worth more than $1.25 billion, at Monday’s price.
Few stocks have been as volatile as Trump Media & Technology Group in recent weeks, but if shares can avoid a massive plunge for the next two trading days, Donald Trump’s personal fortune is set to leapfrog once again.
The Trump Media stock price hit performance targets in its first few weeks of trading, so a windfall will be added to the stake owned by the former president.
Donald Trump’s social-media stock is nearing a milestone, securing the former president a stock grant worth a fresh $1.3 billion. Trump Media & Technology Group, the parent company of the Truth Social app,
Trump Media & Technology Group finished the day lower Monday with majority owner Donald Trump in line for a major stock award. DJT stock fell 2.4% to end at $35.50, snapping a three-day winning streak for the owner of Truth Social.
Former President Donald Trump is on the cusp of scoring a major financial bonanza – at least on paper. As long as Trump Media & Technology Group’s share price doesn’t spectacularly implode before Tuesday’s closing bell,
The Company’s shareholder base primarily consists of retail investors who hold their shares through various brokerage firms. Many of these retail shareholders invested in DJT because they support TMTG’s mission to create a free-speech beachhead against Big Tech censorship.
Former President Donald Trump is set to earn a $1.25 billion “earnout” bonus from his media company after its stock price exceeded a key threshold that made him eligible for the reward. Trump, who owns a majority stake in Trump Media and Technology Group,
Donald Trump is set to make another huge profit if the stock price of Trump Media & Technology Group doesn't implode before Tuesday's closing bell — a windfall that could give him up to 36 million more shares as owner of the company.
Trump is getting additional shares in his social media company, Trump Media & Technology Group, as part of his current agreement. He still can't cash in yet though.