This market predicts whether Trump Media & Technology Group (TMTG), the parent company of Truth Social, will achieve a market capitalization exceeding $5 billion by April 11, 2025.
The article mentions that Truth Social (Trump Media & Technology Group) has been "extremely volatile" in its stock performance. This market will track whether the company can stabilize and grow its valuation amid the development of parallel economy initiatives.
Resolution will be based on the closing market capitalization of TMTG (stock ticker: DJT) on April 11, 2025, as reported by major financial data providers such as Yahoo Finance, Bloomberg, or the NYSE.
References:
Background
Trump Media & Technology Group (TMTG), trading under the ticker symbol DJT, is the parent company of Truth Social, a social media platform launched by former President Donald Trump. As of March 7, 2025, TMTG had a market capitalization of approximately $4.951 billion, meaning it would need to increase by about $49 million to exceed the $5 billion threshold.
TMTG's stock has demonstrated significant volatility since its public debut, with price movements often correlating with Donald Trump's political activities and public perception. Despite this volatility, the stock has shown resilience and the ability to recover from declines. The company is part of what some call the "parallel economy" initiatives aimed at conservative consumers.
Resolution Criteria
This market will resolve as YES if Trump Media & Technology Group's (TMTG) market capitalization exceeds $5 billion at market close on April 11, 2025, as reported by major financial data providers such as Yahoo Finance, Bloomberg, or the NYSE.
The market will resolve as NO if:
TMTG's market capitalization is $5 billion or less at market close on April 11, 2025
TMTG is delisted, acquired, or otherwise ceases to exist as a publicly traded company before April 11, 2025
TMTG undergoes a significant corporate restructuring that makes direct market cap comparison impossible
Market capitalization will be calculated using the formula: Outstanding Shares × Closing Share Price on April 11, 2025.
Considerations
Stock performance can be influenced by numerous factors including company performance, market conditions, political events, and investor sentiment. TMTG's stock price has been particularly sensitive to news related to Donald Trump and his political activities, which could create significant volatility leading up to the resolution date.
1,000