The problem with Trump’s new media company
$Digital World Acquisition Corp (DWAC.US)$ $DIGITAL WORLD ACQUISITION CORP UNIT 1 CL A & 1/2 RED WT EXP(30/06/2028) (DWACU.US)$ $Meta Platforms (FB.US)$ $Twitter (Delisted) (TWTR.US)$ You can't compare this to Twitter or Facebook in that sense. What's different is Trump has hardcore followers who love conspiracy theories and misinformation, so they WILL use Trump's platform. The irony is he calls it "TRUTH" Social, but we all know Trump is anything but truthful. LOL. But he can do no wrong with his hardcore followers, so they WILL use his platform. In other words, he'll have INSTANT CUSTOMERS in the tens and hundreds of millions, without paying money for advertisements! Low cost = profit. The only thing you can compare is the market cap. Twitter is about $50 billion market cap. Facebook is almost $1 TRILLION market cap. That means if Trump's social media can only garner $10 billion market cap (which I expect it to do $20 billion or more), that's still hundreds of dollars per share!
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Betterthangold : I think freedom of speech without “missing context” or “fact checkers” and constant suppression of free speech is what people are seeking. Jack and Mark are ultra-rich, closet Nazi’s, especially Jack. People are sick of it!