One of the least discussed times of the public between Elon Musk and President Trump is that any possibility that the Mogul X may buy the social truth to combine it with his social media place is Kaput, according to money. But the kiss and the fact of doing between the two, which can be in the works, could get the languages to start that Elon will launch the problem of Trump’s social media platform on a lifestyle.
We recover the situation: the potential purchase of Musk on the President’s social network platform has been widely speculated among merchants, as the two men became beasts sometime at the beginning of the 2024 election cycle, when Elon became a Maga.
Theory happens like this: social truth is mature for an acquisition. His parent company, Trump Media and Technology Group, lost $ 400 million last year due to revenue of a heavy $ 3.6 million. In its best days, you can get about 2 million daily users: small potatoes compared to the 36 million that can be found in X when facing.
Trump Media is around $ 20 per share with a $ 5.7 billion market lid. The change of pocket for Elon, which is worth 414 million dollars, according to Forbes. What better way for Curry favor with the most powerful business president in the world than putting money in your pocket?
This was before the Battle of the Titans. Trump’s media was reduced on the 1st of social media insults (as Tesla de Musk did, which depends on the long government for some of its income), as the purchase talk decreased. Unlike Tesla, social truth has not recovered and remains in red. The most important and experienced market types explain the money, is that buying Trump Media is the last thing in Musk’s mind after last week’s title.
The short interest seems to also grow in a social truth, that is, traders who are committed to actions will collapse. According to Bob Sloan, of S3 Partners, an expert in data that surrounds this corner of the market. (Complete Dissemination: Sloan is my partner of the podcast of “Risk and Reward”).
Traders tell me that the number would be higher if it were not for the persistent speculation of Musk sinking and bought the Trump platform as a favor on his stick, and because of what happened later: Elon has been looking for modification with the Donald, publishing that his attacks on the President went too far. Trump now says he is open to kiss -and make up.
Love is in the air. Maybe, but remember that Elon entered Maga and Trump because he was tired of the ethos that awakened the Democratic Party. Even more, Musk is a businessman and his business trust the federal government (also known by Trump) for various tax contracts and credits. Maybe the time has come for Musk to become Trump’s “first friend” by throwing the social truth of this lifestyle.
There are certainly other reasons why social Truth’s actions have not been completely cracked. It is owned by Trump, the recognition of his name is unmatched. His publications generate interest. The company is publishing new features, such as a streaming service, and seeks to expand the already formidable crypt of the President.
Investors are being launched as a new birth business that has a brilliant future, even if numbers suggest the opposite ..
It is also a bait of prey if Elon really wants to kiss and make up.
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Image Source : nypost.com