# How Can Truth Social be worth $6 Billion? {Trump Media & Technology (DJT)} **URL:** \ **Category:** In My Humble Opinion\ **Tags:** trump\ **Created:** [March 22, 2024, 1:23pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202 "2024-03-22T13:23:05Z")\ **Posts on this page:** 20\ **Page:** 51
**Author:** ![Elmer\_J.Fudd](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/elmer_j.fudd/32/1211_2.png) [@Elmer\_J.Fudd](https://boards.straightdope.com/u/Elmer_J.Fudd)\ **Post date:** [February 13, 2026, 12:08am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1001 "2026-02-13T00:08:52Z")
It’ll go up again as soon as a billionaire needs a favor from the Federal government. ---
**Author:** ![Pardel-Lux](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pardel-lux/32/20182_2.png) [@Pardel-Lux](https://boards.straightdope.com/u/Pardel-Lux)\ **Post date:** [February 13, 2026, 12:10am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1002 "2026-02-13T00:10:16Z")
Huhh… yes. That is the risk. ---
**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\ **Post date:** [February 17, 2026, 8:21pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1003 "2026-02-17T20:21:52Z")
Today’s low so far is $10.28, 10 cents above the 52-week low of $10.18. ---
**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\ **Post date:** [February 17, 2026, 8:25pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1004 "2026-02-17T20:25:03Z")
Aaaand, three minutes after my last post and we have a new low of $10.17. ---
**Author:** ![hajario](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/hajario/32/171_2.png) [@hajario](https://boards.straightdope.com/u/hajario)\ **Post date:** [February 17, 2026, 8:50pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1005 "2026-02-17T20:50:42Z")
It’s now $10.08. It opened its first day at $9.98 and never went below that. We are approaching all time low territory. ---
**Author:** ![Mollie\_Magill](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/mollie_magill/32/20882_2.png) [@Mollie\_Magill](https://boards.straightdope.com/u/Mollie_Magill)\ **Post date:** [February 17, 2026, 8:56pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1006 "2026-02-17T20:56:31Z")
It’s now $9.94. ---
**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\ **Post date:** [February 17, 2026, 9:02pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1007 "2026-02-17T21:02:13Z")
Closed at $9.91, low of $9.90. ---
**Author:** ![DSeid](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dseid/32/20194_2.png) [@DSeid](https://boards.straightdope.com/u/DSeid)\ **Post date:** [February 17, 2026, 9:29pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1008 "2026-02-17T21:29:03Z")
> [@Elmer\_J.Fudd](#): > > It’ll go up again as soon as a billionaire needs a favor from the Federal government. I can easily see some rationally buying some now just on the expectation that exactly that will happen. And selling on a reasonable bounce. Not me. I can’t put myself in a position other than cheering for its complete collapse! But it might not be a crazy thing for someone to do. ---
**Author:** ![Andy\_L](https://avatars.discourse-cdn.com/v4/letter/a/c67d28/32.png) [@Andy\_L](https://boards.straightdope.com/u/Andy_L)\ **Post date:** [February 17, 2026, 9:58pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1009 "2026-02-17T21:58:46Z")
I wonder what kind of psychological effect that will have on tomorrow’s price. I found this article [https://www.tipranks.com/news/the-fly/trump-media-put-volume-heavy-and-directionally-bearish-thefly-news](https://www.tipranks.com/news/the-fly/trump-media-put-volume-heavy-and-directionally-bearish-thefly-news) > Bearish flow noted in Trump Media with 22,010 puts trading, or 7x expected. and was momentarily confused by the inset ad reading “President’s Day Sale - 70% off!” which is about right for how much the stock has lost over the last year - or is it a prediction of tomorrow? ---
**Author:** ![DSeid](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dseid/32/20194_2.png) [@DSeid](https://boards.straightdope.com/u/DSeid)\ **Post date:** [February 18, 2026, 5:39pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1010 "2026-02-18T17:39:25Z")
> [@DSeid](#): > > some rationally buying some now just on the expectation that exactly that will happen. And selling on a reasonable bounce. The first part of which may be what is happening today. ---
**Author:** ![Pardel-Lux](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pardel-lux/32/20182_2.png) [@Pardel-Lux](https://boards.straightdope.com/u/Pardel-Lux)\ **Post date:** [February 18, 2026, 5:47pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1011 "2026-02-18T17:47:18Z")
I believe **[Paul Krugman’s substack today](https://paulkrugman.substack.com/p/billionaires-gone-wild?utm_source=post-email-title&publication_id=277517&post_id=188316529&utm_campaign=email-post-title&isFreemail=true&r=203721&triedRedirect=true&utm_medium=email)** is relevant for this discussion. Yes, truth social (sic!) could well rise a lot again before the temper tanTrump in the White House finally gives up the ghost. Is it really eight weeks already that they merged with the Google department for fusion power, boosting the price by more than 50%? Time to repeat something similar. Or something with Russians this time perhaps? [https://www.economist.com/finance-and-economics/2026/02/17/will-investing-in-russia-really-bring-america-a-12trn-bonanza?giftId=ZTQ1ZDlhYjEtOWUzMy00MWQ5LTlkY2MtYWNiYjI4ZWVhYmY3&utm\_campaign=gifted\_article](https://www.economist.com/finance-and-economics/2026/02/17/will-investing-in-russia-really-bring-america-a-12trn-bonanza?giftId=ZTQ1ZDlhYjEtOWUzMy00MWQ5LTlkY2MtYWNiYjI4ZWVhYmY3&utm_campaign=gifted_article) (gift link, I hope it works) ---
**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\ **Post date:** [February 23, 2026, 4:35pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1012 "2026-02-23T16:35:28Z")
> [@Darren\_Garrison](#): > > Closed at $9.91, low of $9.90. It hit $9.90 again today. ---
**Author:** ![Andy\_L](https://avatars.discourse-cdn.com/v4/letter/a/c67d28/32.png) [@Andy\_L](https://boards.straightdope.com/u/Andy_L)\ **Post date:** [March 12, 2026, 8:47pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1013 "2026-03-12T20:47:59Z")
And back to 9.94 at the moment after bit of time at the **heights** of 11.01 late last month. ---
**Author:** ![LSLGuy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/lslguy/32/5813_2.png) [@LSLGuy](https://boards.straightdope.com/u/LSLGuy)\ **Post date:** [March 12, 2026, 11:19pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1014 "2026-03-12T23:19:06Z")
_Somebody_ made 10% in a couple weeks. Other somebodies, and probably lots of them, lost 10% in the same time frame. ---
**Author:** ![hajario](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/hajario/32/171_2.png) [@hajario](https://boards.straightdope.com/u/hajario)\ **Post date:** [March 13, 2026, 5:56pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1015 "2026-03-13T17:56:20Z")
We just hit a new all time low of $9.78 ---
**Author:** ![Andy\_L](https://avatars.discourse-cdn.com/v4/letter/a/c67d28/32.png) [@Andy\_L](https://boards.straightdope.com/u/Andy_L)\ **Post date:** [March 13, 2026, 6:24pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1016 "2026-03-13T18:24:35Z")
$9.75 and still dropping ---
**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\ **Post date:** [March 13, 2026, 6:26pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1017 "2026-03-13T18:26:21Z")
At the moment worth $2.7 billion. ---
**Author:** ![Andy\_L](https://avatars.discourse-cdn.com/v4/letter/a/c67d28/32.png) [@Andy\_L](https://boards.straightdope.com/u/Andy_L)\ **Post date:** [March 14, 2026, 4:16pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1018 "2026-03-14T16:16:18Z")
Closed at $9.80, though after hours it’s up to a whopping $9.84. ---
**Author:** ![Andy\_L](https://avatars.discourse-cdn.com/v4/letter/a/c67d28/32.png) [@Andy\_L](https://boards.straightdope.com/u/Andy_L)\ **Post date:** [March 18, 2026, 3:38pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1019 "2026-03-18T15:38:10Z")
Now between $9.50 and $9.60. Nee territory ---
**Author:** ![Andy\_L](https://avatars.discourse-cdn.com/v4/letter/a/c67d28/32.png) [@Andy\_L](https://boards.straightdope.com/u/Andy_L)\ **Post date:** [March 18, 2026, 4:23pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1020 "2026-03-18T16:23:11Z")
**New** territory. [Previous page](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202.md?page=50) [Next page](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202.md?page=52)