This is good for Trump but not as good as it seems. As with all IPOs Trump is subject to strict restrictions on when and how many shares he can sell. Although the value of his portfolio has surged on paper he cannot access that money yet, and he has made no profit until he actually sells his shares.
So he cannot use the money now and it remains to be seen what the shares will be worth in the future once he does sell.
My guess is that they will be worth significantly less. The fact is that no one really uses truthsocial
This is good for Trump but not as good as it seems. As with all IPOs Trump is subject to strict restrictions on when and how many shares he can sell. Although the value of his portfolio has surged on paper he cannot access that money yet, and he has made no profit until he actually sells his shares.
So he cannot use the money now and it remains to be seen what the shares will be worth in the future once he does sell.
My guess is that they will be worth significantly less. The fact is that no one really uses truthsocial