
Donald Trump's newly public media company, Trump Media & Technology Group, has seen a significant increase in value, making Trump one of the world's richest individuals with a net worth exceeding $7.48 billion. Despite the high valuation, concerns arise over the company's overvaluation and the inability to immediately cash out. The company's stock, trading under the ticker symbol DJT, has experienced a 25% gain since its debut on the Nasdaq, closing at approximately $62 per share. Trump's legal challenges coincide with his financial success, leading to a substantial cash call despite his increased wealth.

















#ElonMusk's X worth falls 73% since purchase, Fidelity valuation cut reveals https://t.co/wnCvnEoY5w https://t.co/5Q95a3ARx3
Fidelity lowers its valuation for X (Twitter) by another 5.7% in February, taking its full write down to 73% from the original $44 billion valuation. This values the company at $11.9bn vs peak $8bn for $DJT. Fidelity owns its stake in the Fidelity Blue Chip Growth Fund...
NEWS: Fidelity Lowers Value of Stake in Musk's X by 5.7% in February https://t.co/PmMu2ou7QE