Topline
Trump Media & Technology Group shares jumped complete 5% connected Thursday, continuing a weekslong rally from an all-time low the institution reached successful June.
Trump Media closed up complete 5% connected Thursday.
Photo by Scott Olson/Getty Images
Key Facts
Shares of President Donald Trump’s company, which owns societal level Truth Social, were up 5.5% to $10.39 soon earlier marketplace close.
The boost is portion of a astir 48% rally the banal has made since signaling an all-time debased successful June, erstwhile shares concisely fell beneath $7.
The rally comes connected the heels of the announcement of Truth API, a real-time information provender providing posts from high-ranking Truth Social accounts to financial and trading firms.
The service, which would connection early entree to Trump’s posts, is reportedly being floated astatine a value arsenic precocious arsenic $100,000 a month.
Trump’s posts often move markets, peculiarly arsenic he turns to societal media to break news astir the Iran warfare and tariffs.
Trump Media has mostly relied connected advertizing gross to bring successful money, though Truth API could bolster the company’s highly constricted gross streams depending connected really successful it is.
WHAT TO WATCH FOR
Truth API launches connected Aug. 1.
Forbes Valuation
We estimate Trump’s nett worthy astatine $6.5 billion. That marks a $600 cardinal summation from erstwhile Trump Media recorded its all-time debased value past month.
Big Number
21.9%. That is really overmuch Trump Media shares person fallen since the commencement of the year, erstwhile the banal traded astir $13.77.
Key Background
Trump Media debuted connected the Nasdaq astatine $70.90 per stock successful 2024, arsenic hype astir the president’s institution amid an predetermination rhythm created a volatile stock. Trump Media mislaid $712 cardinal successful the afloat twelvemonth 2025, pinch unrealized losses and integer plus investments taking immoderate $368 cardinal retired of the company’s pocket. Advertising income generated conscionable $3.7 cardinal successful yearly gross for the institution past year.
Further Reading
Trump Media Stock Hits All-Time Low—Down Almost 50% In 2026 (Forbes)
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