jeffw@lemmy.worldM to News@lemmy.world · 5 months agoTrump’s Net Worth Falls by $1 Billion as His Media Company’s Stock Plungeswww.thedailybeast.comexternal-linkmessage-square46fedilinkarrow-up1462arrow-down113
arrow-up1449arrow-down1external-linkTrump’s Net Worth Falls by $1 Billion as His Media Company’s Stock Plungeswww.thedailybeast.comjeffw@lemmy.worldM to News@lemmy.world · 5 months agomessage-square46fedilink
minus-squarehavocpants@lemm.eelinkfedilinkarrow-up10·5 months ago this wild IPO valuation is indicative of fraud of some kind… probably plain old money laundering… It wasn’t an IPO - it’s doubtful they would have fulfilled the regulatory requirements for an IPO. DJT is a SPAC. https://en.wikipedia.org/wiki/Special-purpose_acquisition_company
It wasn’t an IPO - it’s doubtful they would have fulfilled the regulatory requirements for an IPO.
DJT is a SPAC.
https://en.wikipedia.org/wiki/Special-purpose_acquisition_company