# 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:** 55
**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:** [June 9, 2026, 7:00pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1081 "2026-06-09T19:00:56Z")
I bet if we plotted TS’s beta over time it’s probably not far from 2. Nice way to make money if you can perfectly predict the next move. Because you’re the one making it move. ---
**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:** [June 10, 2026, 8:33pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1082 "2026-06-10T20:33:54Z")
Closed only 3 cents above the all-time low. Bet we get a new one tomorrow. ---
**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:** [June 10, 2026, 10:25pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1083 "2026-06-10T22:25:43Z")
SPX is busy heading south too. Sure be nice to get off the imbecile clown car roller coaster. ---
**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:** [June 12, 2026, 8:13pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1084 "2026-06-12T20:13:03Z")
Today SPX was up a bit and DJT was significantly down. It closed the week at $7.80 just off its all time low of $7.75 ---
**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:** [June 24, 2026, 6:09pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1085 "2026-06-24T18:09:00Z")
A new bottom was hit today. $7.60 ---
**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:** [June 24, 2026, 7:17pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1086 "2026-06-24T19:17:55Z")
$7.52. How Can Truth Social be worth $2 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:** [June 24, 2026, 9:14pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1087 "2026-06-24T21:14:14Z")
How indeed. ---
**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:** [June 25, 2026, 2:04pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1088 "2026-06-25T14:04:19Z")
7.18 at the moment ---
**Author:** ![Euphonious\_Polemic](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/euphonious_polemic/32/3002_2.png) [@Euphonious\_Polemic](https://boards.straightdope.com/u/Euphonious_Polemic)\ **Post date:** [June 26, 2026, 12:28am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1089 "2026-06-26T00:28:39Z")
And closed at $7.06 today. Is it time for the dead cat bounce now? ---
**Author:** ![wolfpup](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/wolfpup/32/10618_2.png) [@wolfpup](https://boards.straightdope.com/u/wolfpup)\ **Post date:** [June 26, 2026, 12:43am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1090 "2026-06-26T00:43:15Z")
I’m so glad that I invested my entire life savings in Truth Social the moment it went public. I knew I could rely on Trump’s renowned business acumen and integrity to steer it to great success, as he always does with everything he touches! ---
**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:** [June 26, 2026, 3:03pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1091 "2026-06-26T15:03:20Z")
And it has dipped below $7 this morning. ---
**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:** [June 27, 2026, 12:04am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1092 "2026-06-27T00:04:09Z")
It’s got lovely plumage! ---
**Author:** ![Chelonaut](https://avatars.discourse-cdn.com/v4/letter/c/e9a140/32.png) [@Chelonaut](https://boards.straightdope.com/u/Chelonaut)\ **Post date:** [July 23, 2026, 6:09am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1093 "2026-07-23T06:09:48Z")
I saw the thread title, and thought of a reddit thread I saved long ago for the luls. Now the short answer to question in the title (it’s no longer “can” but “could”, but you know what I mean) is that a lot of people are gullible fools with too much money. But to get a more detailed sample of how their foolishness works, this is interesting. I’m not familiar with genuine stock evaluation methods, but the thread OPs method seems to be: DJT has declared they are a streaming company! They will probably get x million subscribers, because Trump is so smart and popular. Netflix/Disney+/… has a market cap of y/million subscribers. Ergo DJT will have a market cap of x\*y just from the streaming part. Add up similar theoretical market cap for social media and web services (yes, the OP is sure DJT will be a viable AWS/azure competitor, because why not). All garnished with a lot of words about how this is not financial advice and anyone who doubt any of this have TDS. https://embed.reddit.com/r/wallstreetbets/comments/rfmptv/understanding_dwactmtgs_value_proposition/?embed=true&ref_source=embed&ref=share ---
**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:** [July 23, 2026, 3:14pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1094 "2026-07-23T15:14:46Z")
Unfortunately: > Locked post. New comments cannot be posted. > Archived post. New comments cannot be posted and votes cannot be cast. I would have liked to point out how well everything he wrote has aged. Currently trading at 8.76 $, 5% down on the day. But, to be fair, about 10% up on the month. ---
**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:** [July 23, 2026, 3:33pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1095 "2026-07-23T15:33:47Z")
I wanted to mock them too but all of the accounts that were pushing for buying that stock are suspended which seems to me that they were shills. ---
**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:** [July 23, 2026, 3:35pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1096 "2026-07-23T15:35:39Z")
There’s a great post in the thread: > Your numbers are ridiculously over stated and this is basically a word for word repost of the same nonsense posted when this first launch. > > This is right wing social media. The comparables are gab and parler and the like. None of them have been able to come close to the type of user base you’re proposing. They’re both toxic to advertisers. This is going to be the same situation, if they can even launch a product, which is a big if. > > The idea that this could be a Netflix competitor is legitimate delusion. No one is paying $10 a month to listen to Dan bongino bitch and some neckbeard blogger go off about election fraud. The only thing more delusional than this is the idea that they could invent “right wing web hosting” and pilfer off even a slim fraction of a % of AWS customer base. Google Microsoft and oracle haven’t been able to make a dent despite massive investment, technical knowledge, brand name recognition, infrastructure, and international presence, but hey I guess trump social media might pull it off bc right wing is one hell of a take. Do you have any idea what goes into creating something like AWS? Do you have any technical knowledge whatsoever or did you literally just shit on your keyboard? > > The numbers you posted as translating to 60 per share are literally the absolute best case scenario in each category or far out of reach numbers in some cases. Votes and Twitter followers don’t translate to social media user base you moron. ---
**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:** [July 31, 2026, 1:31am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1097 "2026-07-31T01:31:57Z")
Major pumping going on. Near $10.50. ---
**Author:** ![Gyrate](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/gyrate/32/3588_2.png) [@Gyrate](https://boards.straightdope.com/u/Gyrate)\ **Post date:** [July 31, 2026, 9:46am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1098 "2026-07-31T09:46:59Z")
So presumably dumping will follow. ---
**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:** [July 31, 2026, 4:40pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1099 "2026-07-31T16:40:26Z")
It’s worth remembering that even though $10.50 is a recent high, it’s very low compared with the price at the beginning of this year, let alone the highs a few years back ---
**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:** [July 31, 2026, 5:01pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1100 "2026-07-31T17:01:32Z")
Doesn’t mean it’s still not a pump that will greatly benefit the folks who were clued in to buy at recent lows. You’re surely right that’s scant comfort for the “investors” who bought anywhere near the year-ago high. If any of them are still holding that is. [Previous page](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202.md?page=54) [Next page](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202.md?page=56)