Trump and Musk both own social media platforms. Some think an alliance between X and Truth Social is coming [Fortune]
Trump Media & Technology Group Corp. (DJT)
Company Research
Source: Fortune
Trump is the majority shareholder of the Trump Media & Technology Group, which is the parent company of the upstart Truth Social platform. Musk owns X, formerly known as Twitter , which is the dominant player in the microblogging space. The two men, whose businesses compete for users' time, advertisers' dollars, and dominance of the cultural conversation, have not let their burgeoning tech holdings interfere with their political union. Both Truth Social and X have pitched themselves as free speech havens that allow all manner of expression, including, and perhaps especially, views considered to be politically incorrect. “X's content has moved closer to Truth Social, since Musk took over,” said Erik Nisbet, director of the Center for Communication and Public Policy at Northwestern University. “His philosophy of free speech is much closer to that of Truth Social.” Critical to that effort are lax content moderation standards—a feature, not a bug—on both platforms. Truth Social a
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DJT
News
- Trump Media Announces All TV Streaming Data Centers Are Fully Operational [Yahoo! Finance]Yahoo! Finance
- Trump Media Announces All TV Streaming Data Centers Are Fully OperationalGlobeNewswire
- Trump and Musk both own social media platforms. Some think an alliance between X and Truth Social is coming [Yahoo! Finance]Yahoo! Finance
- Trump Insiders Just Cashed in Big on His Stupid Media Company [Yahoo! Finance]Yahoo! Finance
- Donald Trump's Net Worth Sheds $300 Million As Truth Social Parent's Shares Slide [Forbes]Forbes
DJT
Sec Filings
- 11/14/24 - Form 8-K
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- DJT's page on the SEC website