📈Truth Social went public with a valuation of $10 billion, although it only has 2-3 million users.
📉The stock price of Truth Social has seen a downward trend since its public debut.
💰Donald Trump stands to make billions from his 58% ownership of Truth Social.
📚Comparing Truth Social to other social media companies like Facebook and Pinterest highlights its low user base and high valuation.
❓There are doubts about the uniqueness and sustainability of Truth Social's business model.
What is the current valuation of Truth Social?
—Truth Social went public with a valuation of $10 billion.
How many users does Truth Social have?
—Truth Social currently has 2-3 million users.
Who owns Truth Social?
—Donald Trump owns 58% of Truth Social.
Why has the stock price of Truth Social been decreasing?
—Investors are skeptical about the company's high valuation and its ability to compete with other social media platforms.
How does Truth Social's user base compare to other social media companies?
—Truth Social has a significantly lower user base compared to companies like Facebook and Pinterest.
00:00Donald Trump's social media company, Truth Social, recently went public.
02:07Truth Social had a valuation of $10 billion with 2-3 million users at the time of its public debut.
03:53The stock price of Truth Social has been declining since its initial public offering.
05:44Comparing Truth Social to Facebook and Pinterest reveals the disparity between user bases and valuations.
06:36The skepticism surrounding Truth Social's high valuation raises questions about its business model.
