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传马斯克社媒平台X将吞并特朗普Truth Social

Elon Musk's social media platform X will merge with Donald Trump's Truth Social.

Gelonghui Finance ·  Nov 2 19:25

According to the New York Post on November 2, there have been speculations within Trump's camp that Truth Social, the social media platform launched by Trump Media and Technology Group (TMTG), may be acquired by Musk's social media platform X. However, both Musk and Trump have been busy these days and have not confirmed this news. As early as March this year, there were reports that Trump had inquired last summer with Musk about the interest in acquiring TMTG. However, by September, Trump insisted in an interview that he would not sell his stake in TMTG as its stock price had performed poorly after his debate with Democratic presidential candidate Harris. Trump Media Technology Group (DJT.US) plummeted 13.53% to $30.56 on Friday, with the stock plunging about 20% in the past five days. With the US presidential election day approaching, the stock's volatile ups and downs may continue. Wall Street warns that if Trump loses again, the stock could fall to $0.

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