$Trump Media & Technology (DJT.US)$While I am extremely bearish and confident in DJT’s inevitable bankruptcy in the near future, I'll be honest, there is a very tiny possibility that DJT might succeed.
First off, let's get the simple facts out of the way: Truth Social is a terrible social media platform. No major advertisers have any interest in advertising on the platform, and Truth Social users have been moving back to X/Twitter ever since Elon Musk took over and declared it a MAGA paradise.
In short, we can abandon any hopes of DJT ever being profitable as long as X/Twitter exists. And for now, let’s also put aside the fact that$Meta Platforms (META.US)$‘s Threads is growing in popularity and far more attractive to advertisers than X and Truth Social combined.
So for DJT holders to see any sort of return on investment, 2 important and very unlikely conditions need to be met:
1) Trump has to win the election.
2) Elon Musk cuts some under-the-table deal with president Trump, and ACQUIRES or MERGES Truth Social with X, taking DJT private.
Basically, Elon Musk is really the only person that's positioned to save Trump's soon-to-be worthless stake in DJT. And he's only going to be incentivised to acquire DJT if Trump gives him some major presidential perks.
Currently, the odds of this bull thesis happening are very slim, but it isn’t going to get much better than this.
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Ken Griffin Charity
OPMegaQ
:
They’re private so their financials are unknown, but Musk has managed to cut down on operational costs significantly. X is still the the market leader in their space and is the only company out there that would ever be willing to acquire DJT
27182818
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What if Trump wins, then shoots Musk, bans X, and claims immunity. DJT goes to 87 overnight. The Supreme Court might rule against him but it would take them 2 years. Plenty of time to cash out.
MegaQ
Ken Griffin Charity
OP
:
musk said the company was valued at 19-20 billion and he bought it for over 40. Half his platform has major issues and advertisers are also leaving X.
Ken Griffin Charity
OP27182818
:
Not even a crazy scenario these days. But of course, the value of the US dollar will crater if this were to happen, so even in a fantasy scenario, DJT holders still lose.
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MegaQ : Isn’t X also bleeding?
102400485 : We need the mask to help
Ken Griffin Charity OP MegaQ : They’re private so their financials are unknown, but Musk has managed to cut down on operational costs significantly. X is still the the market leader in their space and is the only company out there that would ever be willing to acquire DJT
27182818 : What if Trump wins, then shoots Musk, bans X, and claims immunity. DJT goes to 87 overnight. The Supreme Court might rule against him but it would take them 2 years. Plenty of time to cash out.
MegaQ Ken Griffin Charity OP :
musk said the company was valued at 19-20 billion and he bought it for over 40. Half his platform has major issues and advertisers are also leaving X.
DaytradeSwing : Too much thought here.
People trade, get over it.
Skuba MegaQ : Twitter was never profitable even when he bought it.
Ken Griffin Charity OP 27182818 : Not even a crazy scenario these days. But of course, the value of the US dollar will crater if this were to happen, so even in a fantasy scenario, DJT holders still lose.