Trump's Truth Social operation company sees a sharp rise on the first day of listing!?
Background
The company that operates the social media of former U.S. President Trump has gone public, and the value of shares held by Mr. Trump is estimated to be around 700 billion yen.
The company operating the social media platform 'Truth Social,' founded by former U.S. President Trump, went public on the NASDAQ market by merging with a special purpose acquisition company (SPAC) on the 26th.It closed trading approximately 16% higher than the previous day's SPAC closing price.。
Details
The stock identification code is either the initials of Mr. Trump's name or 'X', and immediately after trading began, the stock price surged, leading to temporary trading halts. $Trump Media & Technology (DJT.US)$ There were moments of the stock price skyrocketing and trading being temporarily halted shortly after trading commenced from the previous day's SPAC closing price.
・Mr. Trump owns 60% of the shares of this company,and based on the closing price on the first day of listing, the value of those assets7000will amount to tens of billions of yen.
After listing, there is a contract that prohibits selling shares for six months. However, for Mr. Trump, who has been ordered to make substantial payments in civil lawsuits, selling shares in the future seems likely to help alleviate financial difficulties.
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181338057犬心久美子 : Back drop for those who purchased Truth Social Management Company shares
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️ TRUMP COMEBACK AGAIN 
, though.
You might get it, but...
I think this is a meme stock in a sense
. Of course
It's me who is cheering
If it's a profit, it's better not to hold
I personally think so.