The Newest Tech Start-Up Billionaire? Donald Trump
The DailyOver the past few years, Donald Trump’s social media platform, Truth Social, has been dismissed as a money-losing boondoggle.This week, that all changed. Matthew Goldstein, a New York Times business reporter, explains how its parent venture, Truth Media, became a publicly traded company worth billions of dollars.Guest: Matthew Goldstein, a New York Times business reporter.Background reading: What to know about Trump Media’s high-flying stock debut. Ethics experts say the publicly traded company could present a new way for foreign actors or others to influence Mr. Trump, if he is elected president. For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
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