Truth Social Is Now Worth More Than The New York Times

In a striking debut on NASDAQ, Donald Trump’s media enterprise, the proprietor of Truth Social, closed its first trading day with a valuation soaring to $8 billion. The remarkable market capitalization eclipsed long-established media giants such as The New York Times.

Initially peaking at $10 billion amidst frenetic trading, the company’s valuation has settled at a still-impressive figure, d...

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