For MAGA Investors, Taking Stock in Trump’s Truth Social Is Not About Returns

$3.5 billion

The Washington Post notes that supporters of Donald Trump “investing in Truth Social is less a business calculation than a statement of faith in the former president and the business traded under his initials, DJT. … Even the company’s plunging stock price — and the chance their investments could get mostly wiped out — doesn’t seem to have shaken that faith. The company has lost $3.5 billion in value since its public debut last month.”

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