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Trump May Finally Move to Cash Out His $2 Billion Stake in Truth Social | Other Trump orbiters might sell, too.
Other Trump orbiters might sell, too.
According to the Financial Times, a recent filing by the company to the Securities and Exchange Commission indicates that the trust Trump stashed his shares in is now permitted to sell his stake. With the stock hovering between $18 and $19 a share—frankly, an absurd share price for a company that basically just runs a social media platform designed to receive posts from Trump—the President’s stake is worth more than $2 billion. FBI Director Kash Patel got his own “gift” of $826,000 worth of shares at the start of the year, too—after he filed his financial disclosures to the government.
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