Upon IPO, Trump's stake was worth $4.8 Billion
Trump Media’s initial public offering could theoretically help solve these problems: Trump’s stake in the company is worth about $4.8 billion at its current stock price, according to Barron’s.
He owns 78.75 Million shares or 58% of common stock
President Donald Trump, whose 78.75 million shares give him a stake of nearly 58% of the social media company's common stock.
At the Current Price of $37.47, that makes Trump's stake worth $2.95 Billion
RESOLUTION
Evaluated based on the stock price of Truth Social $DJT when Trump's lockup period ends and he is able to start selling his stock (currently this will be in September 2024, but could be sooner if the company's board allows)
(essentially, multiplying 78.75 million by the Stock Price)
1,000
3.00I'll point to this market having resolved as precedent.
https://manifold.markets/TeddyWeverka/will-trump-be-locked-up-before-his?r=UXVyb2U
@elf I think this resolves now? I believe the condition for the Sep 20 lockout end condition is met, unless I'm missing something.
[disregard[