Red herring arguments. Going public is done to raise capital to grow the business, not to fleece the public. Now Truth Social has the capital to expand into other areas and compete in the world of ideas. Expect exactly that to happen. If it doesn’t and he just sells shares to raise personal wealth, then yes, it does not look good at all. However, go find a single company on NASDAQ that has a legit valuation right now. Zero. Everything is grossly inflated and the entire house of cards is held together by the helicopter money of the fed. The smart ‘investors’ have been selling stocks and buying land or gold or something real. Everything is way over priced and Truth is just one example.

Mar 30
at
1:25 PM