Media Report Speculates That Elon Musk Might Buy Trump Media

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Media Report Speculates That Elon Musk Might Buy Trump Media

New York Post11-03

The massive run up in shares of DJT, the stock symbol for Donald J. Trump’s social media company Truth Social, has been described by me and others as a meme-induced phenomenon.The stock is buoyed by ...

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Queengirlypops
·11-03
🔵🚨BREAKING: Prediction markets now show Kamala Harris with a 4 percentage point higher likelihood of winning the 2024 election over Donald Trump. Just days ago, Donald Trump held a 30 percentage point lead on Harris, according to @Kalshi. Wow. HARRIS TOPS TRUMP IN LATEST IOWA POLL, MARKING TURNAROUND -DES MOINES REGISTER SURVEY This comes as Kamala Harris has taken the lead in 3 key swing states, Wisconsin, Pennsylvania and Michigan. 2 weeks ago, Trump was leading in every swing state. There's still a lot of time for odds to move.
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HILGELBLICK
·11-03
Good for him .... first Twitter now DJT 😂
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Johassan
·11-03
Yyyyyy@Terry Tan y @Terry Tan has Y@weiss y Yy@weiss
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3
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Guavaxf30
·11-02
This actually makes very good sense even if at the moment it is pure speculation. What is $10 billion for someone who paid $44 billion for Twittter/X? So merging the two will ultimately cost around $54billion. But it get him into the ever shrinking inner circle of the likely relected president of the USA. The ultimate game for Elon Musk is not Tesla. I feel is it his space projects, including Starlink. Controlling space has got value that is infinitely more than what anyone can imagine. The satellite business alone is mind-boggling.
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- Guavaxf30:
  To be clear, I am still saying that at the moment Tesla is the all important money earner. And I am also saying that despite the good recent financial results for Tesla is encouraging, in the long run Tesla is losing ground to others like BYD. Elon Musk knows this. This is why he was talking up robots. But I feel it is the satellite business which has got greater money earning potential. And this is why be needs the support of a patron President.
  11-04
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- zelia:
  fake news. I am buying also. u believe??? tok cock
  11-03
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Trump’s social media company Truth Social, has been described by me and others as a meme-induced phenomenon.The stock is buoyed by ...</p>\n\n<a href=\"https://nypost.com/2024/11/01/business/truth-social-stock-boom-fueled-by-chatter-of-possible-sale-to-elon-musk/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://nypost.com/2024/11/01/business/truth-social-stock-boom-fueled-by-chatter-of-possible-sale-to-elon-musk/","article_id":"2480191850","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480191850","pubTimestamp":1730597400,"sourceInfo":{"source_id":"lsy1643002521230","name":"New York Post"},"weMediaInfo":null,"summary":"There is media speculation that Elon Musk might buy Trump Media & Technology Group ($DJT) and absorb the social media company into X / Twitter. 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Smashing two separate entities, and coming up with a price to make everyone happy is another story. Would Truth Social be a micro-blogging subsidiary of X? Does it get totally taken over?And how much is Truth Social really worth? As shares of DJT have skyrocketed more than 230% over the past month, its market cap has grown to $10.6 billion, before settling down to around $7 billion after a sell-off. Volatility is hard to price.Yeah, but doesn’t Elon have endless amounts of money to do what he wants? He is the world’s richest man with a net worth encroaching upon $300 billion.But much of that is in the stock of the EV company he runs, Tesla. He would have to sell shares to buy DJT, which will probably piss off Tesla stockholders who have endured ups and downs in share price and have finally seen some extended gains over the past year.Recall: Musk overpaid for Twitter back in 2022, shelling out $44 billion for something that at least on paper, is probably worth close to $4 billion. Twitter barely breaks even with 200 million daily users. Truth Social loses a lot of money, $160 million in the second quarter and has just a fraction of those daily users.Musk, like most good businessmen, hates over-paying. It’s the reason why after the initial exuberance of buying Twitter and freeing it from the woke forces of prior management, he tried (in vain) to get out of the deal.Is he ready to pay $10 billion plus maybe a premium depending on where shares settled out, for something that on paper might be worth $10 were it not for the MAGA-craze setting DJT shares on fire?Come to think of it, maybe. Remember, Musk is now part of the MAGA faithful, and if Trump does become president he would have an even better friend in the White House to support his various ambitions that include government contracts for space travel and who knows what else.And if Trump loses, what’s another $10 billion for a guy worth $300 billion?","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"Company Corporation","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":366826487214320,"gmtCreate":1730600952315,"gmtModify":1730702979164,"author":{"id":"4185249037082782","authorId":"4185249037082782","name":"Queengirlypops","avatar":"https://community-static.tradeup.com/news/ad05acb3d3297a3680627eb89cafdbc8","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4185249037082782","idStr":"4185249037082782"},"htmlText":"🔵🚨BREAKING: Prediction markets now show Kamala Harris with a 4 percentage point higher likelihood of winning the 2024 election over Donald Trump. Just days ago, Donald Trump held a 30 percentage point lead on Harris, according to @Kalshi. Wow. HARRIS TOPS TRUMP IN LATEST IOWA POLL, MARKING TURNAROUND -DES MOINES REGISTER SURVEY This comes as Kamala Harris has taken the lead in 3 key swing states, Wisconsin, Pennsylvania and Michigan. 2 weeks ago, Trump was leading in every swing state. There's still a lot of time for odds to move.","listText":"🔵🚨BREAKING: Prediction markets now show Kamala Harris with a 4 percentage point higher likelihood of winning the 2024 election over Donald Trump. Just days ago, Donald Trump held a 30 percentage point lead on Harris, according to @Kalshi. Wow. HARRIS TOPS TRUMP IN LATEST IOWA POLL, MARKING TURNAROUND -DES MOINES REGISTER SURVEY This comes as Kamala Harris has taken the lead in 3 key swing states, Wisconsin, Pennsylvania and Michigan. 2 weeks ago, Trump was leading in every swing state. There's still a lot of time for odds to move.","text":"🔵🚨BREAKING: Prediction markets now show Kamala Harris with a 4 percentage point higher likelihood of winning the 2024 election over Donald Trump. Just days ago, Donald Trump held a 30 percentage point lead on Harris, according to @Kalshi. Wow. HARRIS TOPS TRUMP IN LATEST IOWA POLL, MARKING TURNAROUND -DES MOINES REGISTER SURVEY This comes as Kamala Harris has taken the lead in 3 key swing states, Wisconsin, Pennsylvania and Michigan. 2 weeks ago, Trump was leading in every swing state. There's still a lot of time for odds to move.","images":[{"img":"https://community-static.tradeup.com/news/5f3f675378e44dbd38dacd53079e42aa"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366826487214320","repostId":2480191850,"repostType":2,"repost":{"id":"2480191850","pubTimestamp":1730597400,"share":"https://ttm.financial/m/news/2480191850?lang=&edition=fundamental","pubTime":"2024-11-03 09:30","market":"us","language":"en","title":"Media Report Speculates That Elon Musk Might Buy Trump Media","url":"https://stock-news.laohu8.com/highlight/detail?id=2480191850","media":"New York Post","summary":"There is media speculation that Elon Musk might buy Trump Media & Technology Group ($DJT) and absorb the social media company into X / Twitter. The...","content":"<html><head></head><body><p style=\"text-align: start;\">The massive run up in shares of DJT, the stock symbol for Donald J. Trump’s social media company Truth Social, has been described by me and others as a meme-induced phenomenon.</p><p style=\"text-align: start;\">The stock is buoyed by what some might say is an irrational degree of exuberance that Trump will win the presidential election – which in turn  would, somehow, be great for the bottom line of a money-losing platform that will face stiff competition and a difficult business environment whether or not Trump takes the White House.</p><p style=\"text-align: start;\">But On The Money has learned that there might be a better reason why some traders are buying –  and maybe holding – the stock even if Trump loses on Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4f036c8a4e7912d4a4b3bf34ae8fe29c\" alt=\"Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.\" title=\"Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.\" tg-width=\"1024\" tg-height=\"682\"/><span>Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.</span></p><p>People inside the Trump camp have been speculating for weeks now that Truth Social will at some point, maybe sooner rather than later, get subsumed by the mega-MAGA supporting Elon Musk, and his own social media platform X, formerly known as Twitter.<br/><br/>Full disclosure: I have not confirmed that speculation with anyone in a position to make the deal happen – neither Musk nor Trump himself – both of whom are a little busy these days trying to get The Donald re-elected as leader of the free world.</p><p style=\"text-align: start;\">A lawyer for Musk and a Truth Social flack didn’t comment.</p><p>But there definitely is talk swirling around Trump World, including people who hang around Mar-a-Lago, that Truth Social is being eyed by Musk in terms of some sort of combination with X.</p><p style=\"text-align: start;\">Deal talk is cheap, of course. Smashing two separate entities, and coming up with a price to make everyone happy is another story. Would Truth Social be a micro-blogging subsidiary of X? Does it get totally taken over?</p><p style=\"text-align: start;\">And how much is Truth Social really worth? As shares of DJT have skyrocketed more than 230% over the past month, its market cap has grown to $10.6 billion, before settling down to around $7 billion after a sell-off. Volatility is hard to price.</p><p>Yeah, but doesn’t Elon have endless amounts of money to do what he wants? He is the world’s richest man with a net worth encroaching upon $300 billion.</p><p style=\"text-align: start;\">But much of that is in the stock of the EV company he runs, Tesla. He would have to sell shares to buy DJT, which will probably piss off Tesla stockholders who have endured ups and downs in share price and have finally seen some extended gains over the past year.</p><p style=\"text-align: start;\">Recall: Musk overpaid for Twitter back in 2022, shelling out $44 billion for something that at least on paper, is probably worth close to $4 billion. Twitter barely breaks even with 200 million daily users. Truth Social loses a lot of money, $160 million in the second quarter and has just a fraction of those daily users.</p><p>Musk, like most good businessmen, hates over-paying. It’s the reason why after the initial exuberance of buying Twitter and freeing it from the woke forces of prior management, he tried (in vain) to get out of the deal.</p><p style=\"text-align: start;\">Is he ready to pay $10 billion plus maybe a premium depending on where shares settled out, for something that on paper might be worth $10 were it not for the MAGA-craze setting DJT shares on fire?</p><p>Come to think of it, maybe. Remember, Musk is now part of the MAGA faithful, and if Trump does become president he would have an even better friend in the White House to support his various ambitions that include government contracts for space travel and who knows what else.</p><p style=\"text-align: start;\">And if Trump loses, what’s another $10 billion for a guy worth $300 billion?</p></body></html>","source":"lsy1643002521230","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Media Report Speculates That Elon Musk Might Buy Trump Media</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMedia Report Speculates That Elon Musk Might Buy Trump Media\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-03 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://nypost.com/2024/11/01/business/truth-social-stock-boom-fueled-by-chatter-of-possible-sale-to-elon-musk/><strong>New York Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The massive run up in shares of DJT, the stock symbol for Donald J. Trump’s social media company Truth Social, has been described by me and others as a meme-induced phenomenon.The stock is buoyed by ...</p>\n\n<a href=\"https://nypost.com/2024/11/01/business/truth-social-stock-boom-fueled-by-chatter-of-possible-sale-to-elon-musk/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","BK4508":"社交媒体","DJT":"特朗普媒体科技集团","BK4547":"WSB热门概念","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4077":"互动媒体与服务","BK4579":"人工智能","BK4516":"特朗普概念"},"source_url":"https://nypost.com/2024/11/01/business/truth-social-stock-boom-fueled-by-chatter-of-possible-sale-to-elon-musk/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2480191850","content_text":"The massive run up in shares of DJT, the stock symbol for Donald J. Trump’s social media company Truth Social, has been described by me and others as a meme-induced phenomenon.The stock is buoyed by what some might say is an irrational degree of exuberance that Trump will win the presidential election – which in turn  would, somehow, be great for the bottom line of a money-losing platform that will face stiff competition and a difficult business environment whether or not Trump takes the White House.But On The Money has learned that there might be a better reason why some traders are buying –  and maybe holding – the stock even if Trump loses on Tuesday.Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.People inside the Trump camp have been speculating for weeks now that Truth Social will at some point, maybe sooner rather than later, get subsumed by the mega-MAGA supporting Elon Musk, and his own social media platform X, formerly known as Twitter.Full disclosure: I have not confirmed that speculation with anyone in a position to make the deal happen – neither Musk nor Trump himself – both of whom are a little busy these days trying to get The Donald re-elected as leader of the free world.A lawyer for Musk and a Truth Social flack didn’t comment.But there definitely is talk swirling around Trump World, including people who hang around Mar-a-Lago, that Truth Social is being eyed by Musk in terms of some sort of combination with X.Deal talk is cheap, of course. Smashing two separate entities, and coming up with a price to make everyone happy is another story. Would Truth Social be a micro-blogging subsidiary of X? Does it get totally taken over?And how much is Truth Social really worth? As shares of DJT have skyrocketed more than 230% over the past month, its market cap has grown to $10.6 billion, before settling down to around $7 billion after a sell-off. Volatility is hard to price.Yeah, but doesn’t Elon have endless amounts of money to do what he wants? He is the world’s richest man with a net worth encroaching upon $300 billion.But much of that is in the stock of the EV company he runs, Tesla. He would have to sell shares to buy DJT, which will probably piss off Tesla stockholders who have endured ups and downs in share price and have finally seen some extended gains over the past year.Recall: Musk overpaid for Twitter back in 2022, shelling out $44 billion for something that at least on paper, is probably worth close to $4 billion. Twitter barely breaks even with 200 million daily users. Truth Social loses a lot of money, $160 million in the second quarter and has just a fraction of those daily users.Musk, like most good businessmen, hates over-paying. It’s the reason why after the initial exuberance of buying Twitter and freeing it from the woke forces of prior management, he tried (in vain) to get out of the deal.Is he ready to pay $10 billion plus maybe a premium depending on where shares settled out, for something that on paper might be worth $10 were it not for the MAGA-craze setting DJT shares on fire?Come to think of it, maybe. Remember, Musk is now part of the MAGA faithful, and if Trump does become president he would have an even better friend in the White House to support his various ambitions that include government contracts for space travel and who knows what else.And if Trump loses, what’s another $10 billion for a guy worth $300 billion?","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":366968967573656,"gmtCreate":1730600343809,"gmtModify":1730600347700,"author":{"id":"4093997710023040","authorId":"4093997710023040","name":"HILGELBLICK","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"4093997710023040","idStr":"4093997710023040"},"htmlText":"Good for him .... first Twitter now DJT 😂","listText":"Good for him .... first Twitter now DJT 😂","text":"Good for him .... first Twitter now DJT 😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366968967573656","repostId":2480191850,"repostType":4,"repost":{"id":"2480191850","pubTimestamp":1730597400,"share":"https://ttm.financial/m/news/2480191850?lang=&edition=fundamental","pubTime":"2024-11-03 09:30","market":"us","language":"en","title":"Media Report Speculates That Elon Musk Might Buy Trump Media","url":"https://stock-news.laohu8.com/highlight/detail?id=2480191850","media":"New York Post","summary":"There is media speculation that Elon Musk might buy Trump Media & Technology Group ($DJT) and absorb the social media company into X / Twitter. The...","content":"<html><head></head><body><p style=\"text-align: start;\">The massive run up in shares of DJT, the stock symbol for Donald J. Trump’s social media company Truth Social, has been described by me and others as a meme-induced phenomenon.</p><p style=\"text-align: start;\">The stock is buoyed by what some might say is an irrational degree of exuberance that Trump will win the presidential election – which in turn  would, somehow, be great for the bottom line of a money-losing platform that will face stiff competition and a difficult business environment whether or not Trump takes the White House.</p><p style=\"text-align: start;\">But On The Money has learned that there might be a better reason why some traders are buying –  and maybe holding – the stock even if Trump loses on Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4f036c8a4e7912d4a4b3bf34ae8fe29c\" alt=\"Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.\" title=\"Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.\" tg-width=\"1024\" tg-height=\"682\"/><span>Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.</span></p><p>People inside the Trump camp have been speculating for weeks now that Truth Social will at some point, maybe sooner rather than later, get subsumed by the mega-MAGA supporting Elon Musk, and his own social media platform X, formerly known as Twitter.<br/><br/>Full disclosure: I have not confirmed that speculation with anyone in a position to make the deal happen – neither Musk nor Trump himself – both of whom are a little busy these days trying to get The Donald re-elected as leader of the free world.</p><p style=\"text-align: start;\">A lawyer for Musk and a Truth Social flack didn’t comment.</p><p>But there definitely is talk swirling around Trump World, including people who hang around Mar-a-Lago, that Truth Social is being eyed by Musk in terms of some sort of combination with X.</p><p style=\"text-align: start;\">Deal talk is cheap, of course. Smashing two separate entities, and coming up with a price to make everyone happy is another story. Would Truth Social be a micro-blogging subsidiary of X? Does it get totally taken over?</p><p style=\"text-align: start;\">And how much is Truth Social really worth? As shares of DJT have skyrocketed more than 230% over the past month, its market cap has grown to $10.6 billion, before settling down to around $7 billion after a sell-off. Volatility is hard to price.</p><p>Yeah, but doesn’t Elon have endless amounts of money to do what he wants? He is the world’s richest man with a net worth encroaching upon $300 billion.</p><p style=\"text-align: start;\">But much of that is in the stock of the EV company he runs, Tesla. He would have to sell shares to buy DJT, which will probably piss off Tesla stockholders who have endured ups and downs in share price and have finally seen some extended gains over the past year.</p><p style=\"text-align: start;\">Recall: Musk overpaid for Twitter back in 2022, shelling out $44 billion for something that at least on paper, is probably worth close to $4 billion. Twitter barely breaks even with 200 million daily users. Truth Social loses a lot of money, $160 million in the second quarter and has just a fraction of those daily users.</p><p>Musk, like most good businessmen, hates over-paying. It’s the reason why after the initial exuberance of buying Twitter and freeing it from the woke forces of prior management, he tried (in vain) to get out of the deal.</p><p style=\"text-align: start;\">Is he ready to pay $10 billion plus maybe a premium depending on where shares settled out, for something that on paper might be worth $10 were it not for the MAGA-craze setting DJT shares on fire?</p><p>Come to think of it, maybe. Remember, Musk is now part of the MAGA faithful, and if Trump does become president he would have an even better friend in the White House to support his various ambitions that include government contracts for space travel and who knows what else.</p><p style=\"text-align: start;\">And if Trump loses, what’s another $10 billion for a guy worth $300 billion?</p></body></html>","source":"lsy1643002521230","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Media Report Speculates That Elon Musk Might Buy Trump Media</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMedia Report Speculates That Elon Musk Might Buy Trump Media\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-03 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://nypost.com/2024/11/01/business/truth-social-stock-boom-fueled-by-chatter-of-possible-sale-to-elon-musk/><strong>New York Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The massive run up in shares of DJT, the stock symbol for Donald J. Trump’s social media company Truth Social, has been described by me and others as a meme-induced phenomenon.The stock is buoyed by ...</p>\n\n<a href=\"https://nypost.com/2024/11/01/business/truth-social-stock-boom-fueled-by-chatter-of-possible-sale-to-elon-musk/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","BK4508":"社交媒体","DJT":"特朗普媒体科技集团","BK4547":"WSB热门概念","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4077":"互动媒体与服务","BK4579":"人工智能","BK4516":"特朗普概念"},"source_url":"https://nypost.com/2024/11/01/business/truth-social-stock-boom-fueled-by-chatter-of-possible-sale-to-elon-musk/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2480191850","content_text":"The massive run up in shares of DJT, the stock symbol for Donald J. Trump’s social media company Truth Social, has been described by me and others as a meme-induced phenomenon.The stock is buoyed by what some might say is an irrational degree of exuberance that Trump will win the presidential election – which in turn  would, somehow, be great for the bottom line of a money-losing platform that will face stiff competition and a difficult business environment whether or not Trump takes the White House.But On The Money has learned that there might be a better reason why some traders are buying –  and maybe holding – the stock even if Trump loses on Tuesday.Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.People inside the Trump camp have been speculating for weeks now that Truth Social will at some point, maybe sooner rather than later, get subsumed by the mega-MAGA supporting Elon Musk, and his own social media platform X, formerly known as Twitter.Full disclosure: I have not confirmed that speculation with anyone in a position to make the deal happen – neither Musk nor Trump himself – both of whom are a little busy these days trying to get The Donald re-elected as leader of the free world.A lawyer for Musk and a Truth Social flack didn’t comment.But there definitely is talk swirling around Trump World, including people who hang around Mar-a-Lago, that Truth Social is being eyed by Musk in terms of some sort of combination with X.Deal talk is cheap, of course. Smashing two separate entities, and coming up with a price to make everyone happy is another story. Would Truth Social be a micro-blogging subsidiary of X? Does it get totally taken over?And how much is Truth Social really worth? As shares of DJT have skyrocketed more than 230% over the past month, its market cap has grown to $10.6 billion, before settling down to around $7 billion after a sell-off. Volatility is hard to price.Yeah, but doesn’t Elon have endless amounts of money to do what he wants? He is the world’s richest man with a net worth encroaching upon $300 billion.But much of that is in the stock of the EV company he runs, Tesla. He would have to sell shares to buy DJT, which will probably piss off Tesla stockholders who have endured ups and downs in share price and have finally seen some extended gains over the past year.Recall: Musk overpaid for Twitter back in 2022, shelling out $44 billion for something that at least on paper, is probably worth close to $4 billion. Twitter barely breaks even with 200 million daily users. Truth Social loses a lot of money, $160 million in the second quarter and has just a fraction of those daily users.Musk, like most good businessmen, hates over-paying. It’s the reason why after the initial exuberance of buying Twitter and freeing it from the woke forces of prior management, he tried (in vain) to get out of the deal.Is he ready to pay $10 billion plus maybe a premium depending on where shares settled out, for something that on paper might be worth $10 were it not for the MAGA-craze setting DJT shares on fire?Come to think of it, maybe. Remember, Musk is now part of the MAGA faithful, and if Trump does become president he would have an even better friend in the White House to support his various ambitions that include government contracts for space travel and who knows what else.And if Trump loses, what’s another $10 billion for a guy worth $300 billion?","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":366965309055104,"gmtCreate":1730599450508,"gmtModify":1730600219453,"author":{"id":"4190773200338072","authorId":"4190773200338072","name":"Johassan","avatar":"https://community-static.tradeup.com/news/a5ecac95873f1e4de5d92c4acf53c153","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"4190773200338072","idStr":"4190773200338072"},"htmlText":"&nbsp; Yyyyyy<a href=\"https://ttm.financial/U/4115721020213002\">@Terry Tan</a>&nbsp;y <a href=\"https://ttm.financial/U/4115721020213002\">@Terry Tan</a> has&nbsp; Y<a href=\"https://ttm.financial/U/4128739991467040\">@weiss</a> y Yy<a href=\"https://ttm.financial/U/4128739991467040\">@weiss</a>&nbsp;","listText":"&nbsp; Yyyyyy<a href=\"https://ttm.financial/U/4115721020213002\">@Terry Tan</a>&nbsp;y <a href=\"https://ttm.financial/U/4115721020213002\">@Terry Tan</a> has&nbsp; Y<a href=\"https://ttm.financial/U/4128739991467040\">@weiss</a> y Yy<a href=\"https://ttm.financial/U/4128739991467040\">@weiss</a>&nbsp;","text":"Yyyyyy@Terry Tan y @Terry Tan has Y@weiss y Yy@weiss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366965309055104","repostId":2480191850,"repostType":2,"repost":{"id":"2480191850","pubTimestamp":1730597400,"share":"https://ttm.financial/m/news/2480191850?lang=&edition=fundamental","pubTime":"2024-11-03 09:30","market":"us","language":"en","title":"Media Report Speculates That Elon Musk Might Buy Trump Media","url":"https://stock-news.laohu8.com/highlight/detail?id=2480191850","media":"New York Post","summary":"There is media speculation that Elon Musk might buy Trump Media & Technology Group ($DJT) and absorb the social media company into X / Twitter. The...","content":"<html><head></head><body><p style=\"text-align: start;\">The massive run up in shares of DJT, the stock symbol for Donald J. Trump’s social media company Truth Social, has been described by me and others as a meme-induced phenomenon.</p><p style=\"text-align: start;\">The stock is buoyed by what some might say is an irrational degree of exuberance that Trump will win the presidential election – which in turn  would, somehow, be great for the bottom line of a money-losing platform that will face stiff competition and a difficult business environment whether or not Trump takes the White House.</p><p style=\"text-align: start;\">But On The Money has learned that there might be a better reason why some traders are buying –  and maybe holding – the stock even if Trump loses on Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4f036c8a4e7912d4a4b3bf34ae8fe29c\" alt=\"Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.\" title=\"Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.\" tg-width=\"1024\" tg-height=\"682\"/><span>Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.</span></p><p>People inside the Trump camp have been speculating for weeks now that Truth Social will at some point, maybe sooner rather than later, get subsumed by the mega-MAGA supporting Elon Musk, and his own social media platform X, formerly known as Twitter.<br/><br/>Full disclosure: I have not confirmed that speculation with anyone in a position to make the deal happen – neither Musk nor Trump himself – both of whom are a little busy these days trying to get The Donald re-elected as leader of the free world.</p><p style=\"text-align: start;\">A lawyer for Musk and a Truth Social flack didn’t comment.</p><p>But there definitely is talk swirling around Trump World, including people who hang around Mar-a-Lago, that Truth Social is being eyed by Musk in terms of some sort of combination with X.</p><p style=\"text-align: start;\">Deal talk is cheap, of course. Smashing two separate entities, and coming up with a price to make everyone happy is another story. Would Truth Social be a micro-blogging subsidiary of X? Does it get totally taken over?</p><p style=\"text-align: start;\">And how much is Truth Social really worth? As shares of DJT have skyrocketed more than 230% over the past month, its market cap has grown to $10.6 billion, before settling down to around $7 billion after a sell-off. Volatility is hard to price.</p><p>Yeah, but doesn’t Elon have endless amounts of money to do what he wants? He is the world’s richest man with a net worth encroaching upon $300 billion.</p><p style=\"text-align: start;\">But much of that is in the stock of the EV company he runs, Tesla. He would have to sell shares to buy DJT, which will probably piss off Tesla stockholders who have endured ups and downs in share price and have finally seen some extended gains over the past year.</p><p style=\"text-align: start;\">Recall: Musk overpaid for Twitter back in 2022, shelling out $44 billion for something that at least on paper, is probably worth close to $4 billion. Twitter barely breaks even with 200 million daily users. Truth Social loses a lot of money, $160 million in the second quarter and has just a fraction of those daily users.</p><p>Musk, like most good businessmen, hates over-paying. It’s the reason why after the initial exuberance of buying Twitter and freeing it from the woke forces of prior management, he tried (in vain) to get out of the deal.</p><p style=\"text-align: start;\">Is he ready to pay $10 billion plus maybe a premium depending on where shares settled out, for something that on paper might be worth $10 were it not for the MAGA-craze setting DJT shares on fire?</p><p>Come to think of it, maybe. Remember, Musk is now part of the MAGA faithful, and if Trump does become president he would have an even better friend in the White House to support his various ambitions that include government contracts for space travel and who knows what else.</p><p style=\"text-align: start;\">And if Trump loses, what’s another $10 billion for a guy worth $300 billion?</p></body></html>","source":"lsy1643002521230","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Media Report Speculates That Elon Musk Might Buy Trump Media</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMedia Report Speculates That Elon Musk Might Buy Trump Media\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-03 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://nypost.com/2024/11/01/business/truth-social-stock-boom-fueled-by-chatter-of-possible-sale-to-elon-musk/><strong>New York Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The massive run up in shares of DJT, the stock symbol for Donald J. Trump’s social media company Truth Social, has been described by me and others as a meme-induced phenomenon.The stock is buoyed by ...</p>\n\n<a href=\"https://nypost.com/2024/11/01/business/truth-social-stock-boom-fueled-by-chatter-of-possible-sale-to-elon-musk/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","BK4508":"社交媒体","DJT":"特朗普媒体科技集团","BK4547":"WSB热门概念","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4077":"互动媒体与服务","BK4579":"人工智能","BK4516":"特朗普概念"},"source_url":"https://nypost.com/2024/11/01/business/truth-social-stock-boom-fueled-by-chatter-of-possible-sale-to-elon-musk/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2480191850","content_text":"The massive run up in shares of DJT, the stock symbol for Donald J. Trump’s social media company Truth Social, has been described by me and others as a meme-induced phenomenon.The stock is buoyed by what some might say is an irrational degree of exuberance that Trump will win the presidential election – which in turn  would, somehow, be great for the bottom line of a money-losing platform that will face stiff competition and a difficult business environment whether or not Trump takes the White House.But On The Money has learned that there might be a better reason why some traders are buying –  and maybe holding – the stock even if Trump loses on Tuesday.Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.People inside the Trump camp have been speculating for weeks now that Truth Social will at some point, maybe sooner rather than later, get subsumed by the mega-MAGA supporting Elon Musk, and his own social media platform X, formerly known as Twitter.Full disclosure: I have not confirmed that speculation with anyone in a position to make the deal happen – neither Musk nor Trump himself – both of whom are a little busy these days trying to get The Donald re-elected as leader of the free world.A lawyer for Musk and a Truth Social flack didn’t comment.But there definitely is talk swirling around Trump World, including people who hang around Mar-a-Lago, that Truth Social is being eyed by Musk in terms of some sort of combination with X.Deal talk is cheap, of course. Smashing two separate entities, and coming up with a price to make everyone happy is another story. Would Truth Social be a micro-blogging subsidiary of X? Does it get totally taken over?And how much is Truth Social really worth? As shares of DJT have skyrocketed more than 230% over the past month, its market cap has grown to $10.6 billion, before settling down to around $7 billion after a sell-off. Volatility is hard to price.Yeah, but doesn’t Elon have endless amounts of money to do what he wants? He is the world’s richest man with a net worth encroaching upon $300 billion.But much of that is in the stock of the EV company he runs, Tesla. He would have to sell shares to buy DJT, which will probably piss off Tesla stockholders who have endured ups and downs in share price and have finally seen some extended gains over the past year.Recall: Musk overpaid for Twitter back in 2022, shelling out $44 billion for something that at least on paper, is probably worth close to $4 billion. Twitter barely breaks even with 200 million daily users. Truth Social loses a lot of money, $160 million in the second quarter and has just a fraction of those daily users.Musk, like most good businessmen, hates over-paying. It’s the reason why after the initial exuberance of buying Twitter and freeing it from the woke forces of prior management, he tried (in vain) to get out of the deal.Is he ready to pay $10 billion plus maybe a premium depending on where shares settled out, for something that on paper might be worth $10 were it not for the MAGA-craze setting DJT shares on fire?Come to think of it, maybe. Remember, Musk is now part of the MAGA faithful, and if Trump does become president he would have an even better friend in the White House to support his various ambitions that include government contracts for space travel and who knows what else.And if Trump loses, what’s another $10 billion for a guy worth $300 billion?","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":366616399560768,"gmtCreate":1730514267239,"gmtModify":1730519596178,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"crmLevel":9,"crmLevelSwitch":1,"authorIdStr":"3576140222331577","idStr":"3576140222331577"},"htmlText":"This actually makes very good sense even if at the moment it is pure speculation. What is $10 billion for someone who paid $44 billion for Twittter/X?&nbsp; So merging the two will ultimately cost around $54billion. But it get him into the ever shrinking inner circle of the likely relected president of the USA. The ultimate game for Elon Musk is not Tesla. I feel is it his space projects, including Starlink. Controlling space has got value that is infinitely more than what anyone can imagine. The satellite business alone is mind-boggling.","listText":"This actually makes very good sense even if at the moment it is pure speculation. What is $10 billion for someone who paid $44 billion for Twittter/X?&nbsp; So merging the two will ultimately cost around $54billion. But it get him into the ever shrinking inner circle of the likely relected president of the USA. The ultimate game for Elon Musk is not Tesla. I feel is it his space projects, including Starlink. Controlling space has got value that is infinitely more than what anyone can imagine. The satellite business alone is mind-boggling.","text":"This actually makes very good sense even if at the moment it is pure speculation. What is $10 billion for someone who paid $44 billion for Twittter/X? So merging the two will ultimately cost around $54billion. But it get him into the ever shrinking inner circle of the likely relected president of the USA. The ultimate game for Elon Musk is not Tesla. I feel is it his space projects, including Starlink. Controlling space has got value that is infinitely more than what anyone can imagine. The satellite business alone is mind-boggling.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/366616399560768","repostId":2480191850,"repostType":2,"repost":{"id":"2480191850","pubTimestamp":1730597400,"share":"https://ttm.financial/m/news/2480191850?lang=&edition=fundamental","pubTime":"2024-11-03 09:30","market":"us","language":"en","title":"Media Report Speculates That Elon Musk Might Buy Trump Media","url":"https://stock-news.laohu8.com/highlight/detail?id=2480191850","media":"New York Post","summary":"There is media speculation that Elon Musk might buy Trump Media & Technology Group ($DJT) and absorb the social media company into X / Twitter. The...","content":"<html><head></head><body><p style=\"text-align: start;\">The massive run up in shares of DJT, the stock symbol for Donald J. Trump’s social media company Truth Social, has been described by me and others as a meme-induced phenomenon.</p><p style=\"text-align: start;\">The stock is buoyed by what some might say is an irrational degree of exuberance that Trump will win the presidential election – which in turn  would, somehow, be great for the bottom line of a money-losing platform that will face stiff competition and a difficult business environment whether or not Trump takes the White House.</p><p style=\"text-align: start;\">But On The Money has learned that there might be a better reason why some traders are buying –  and maybe holding – the stock even if Trump loses on Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4f036c8a4e7912d4a4b3bf34ae8fe29c\" alt=\"Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.\" title=\"Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.\" tg-width=\"1024\" tg-height=\"682\"/><span>Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.</span></p><p>People inside the Trump camp have been speculating for weeks now that Truth Social will at some point, maybe sooner rather than later, get subsumed by the mega-MAGA supporting Elon Musk, and his own social media platform X, formerly known as Twitter.<br/><br/>Full disclosure: I have not confirmed that speculation with anyone in a position to make the deal happen – neither Musk nor Trump himself – both of whom are a little busy these days trying to get The Donald re-elected as leader of the free world.</p><p style=\"text-align: start;\">A lawyer for Musk and a Truth Social flack didn’t comment.</p><p>But there definitely is talk swirling around Trump World, including people who hang around Mar-a-Lago, that Truth Social is being eyed by Musk in terms of some sort of combination with X.</p><p style=\"text-align: start;\">Deal talk is cheap, of course. Smashing two separate entities, and coming up with a price to make everyone happy is another story. Would Truth Social be a micro-blogging subsidiary of X? Does it get totally taken over?</p><p style=\"text-align: start;\">And how much is Truth Social really worth? As shares of DJT have skyrocketed more than 230% over the past month, its market cap has grown to $10.6 billion, before settling down to around $7 billion after a sell-off. Volatility is hard to price.</p><p>Yeah, but doesn’t Elon have endless amounts of money to do what he wants? He is the world’s richest man with a net worth encroaching upon $300 billion.</p><p style=\"text-align: start;\">But much of that is in the stock of the EV company he runs, Tesla. He would have to sell shares to buy DJT, which will probably piss off Tesla stockholders who have endured ups and downs in share price and have finally seen some extended gains over the past year.</p><p style=\"text-align: start;\">Recall: Musk overpaid for Twitter back in 2022, shelling out $44 billion for something that at least on paper, is probably worth close to $4 billion. Twitter barely breaks even with 200 million daily users. Truth Social loses a lot of money, $160 million in the second quarter and has just a fraction of those daily users.</p><p>Musk, like most good businessmen, hates over-paying. It’s the reason why after the initial exuberance of buying Twitter and freeing it from the woke forces of prior management, he tried (in vain) to get out of the deal.</p><p style=\"text-align: start;\">Is he ready to pay $10 billion plus maybe a premium depending on where shares settled out, for something that on paper might be worth $10 were it not for the MAGA-craze setting DJT shares on fire?</p><p>Come to think of it, maybe. Remember, Musk is now part of the MAGA faithful, and if Trump does become president he would have an even better friend in the White House to support his various ambitions that include government contracts for space travel and who knows what else.</p><p style=\"text-align: start;\">And if Trump loses, what’s another $10 billion for a guy worth $300 billion?</p></body></html>","source":"lsy1643002521230","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Media Report Speculates That Elon Musk Might Buy Trump Media</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMedia Report Speculates That Elon Musk Might Buy Trump Media\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-03 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://nypost.com/2024/11/01/business/truth-social-stock-boom-fueled-by-chatter-of-possible-sale-to-elon-musk/><strong>New York Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The massive run up in shares of DJT, the stock symbol for Donald J. Trump’s social media company Truth Social, has been described by me and others as a meme-induced phenomenon.The stock is buoyed by ...</p>\n\n<a href=\"https://nypost.com/2024/11/01/business/truth-social-stock-boom-fueled-by-chatter-of-possible-sale-to-elon-musk/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","BK4508":"社交媒体","DJT":"特朗普媒体科技集团","BK4547":"WSB热门概念","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4077":"互动媒体与服务","BK4579":"人工智能","BK4516":"特朗普概念"},"source_url":"https://nypost.com/2024/11/01/business/truth-social-stock-boom-fueled-by-chatter-of-possible-sale-to-elon-musk/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2480191850","content_text":"The massive run up in shares of DJT, the stock symbol for Donald J. Trump’s social media company Truth Social, has been described by me and others as a meme-induced phenomenon.The stock is buoyed by what some might say is an irrational degree of exuberance that Trump will win the presidential election – which in turn  would, somehow, be great for the bottom line of a money-losing platform that will face stiff competition and a difficult business environment whether or not Trump takes the White House.But On The Money has learned that there might be a better reason why some traders are buying –  and maybe holding – the stock even if Trump loses on Tuesday.Donald Trump’s social media company Truth Social could become part of Elon Musk’s X.People inside the Trump camp have been speculating for weeks now that Truth Social will at some point, maybe sooner rather than later, get subsumed by the mega-MAGA supporting Elon Musk, and his own social media platform X, formerly known as Twitter.Full disclosure: I have not confirmed that speculation with anyone in a position to make the deal happen – neither Musk nor Trump himself – both of whom are a little busy these days trying to get The Donald re-elected as leader of the free world.A lawyer for Musk and a Truth Social flack didn’t comment.But there definitely is talk swirling around Trump World, including people who hang around Mar-a-Lago, that Truth Social is being eyed by Musk in terms of some sort of combination with X.Deal talk is cheap, of course. Smashing two separate entities, and coming up with a price to make everyone happy is another story. Would Truth Social be a micro-blogging subsidiary of X? Does it get totally taken over?And how much is Truth Social really worth? As shares of DJT have skyrocketed more than 230% over the past month, its market cap has grown to $10.6 billion, before settling down to around $7 billion after a sell-off. Volatility is hard to price.Yeah, but doesn’t Elon have endless amounts of money to do what he wants? He is the world’s richest man with a net worth encroaching upon $300 billion.But much of that is in the stock of the EV company he runs, Tesla. He would have to sell shares to buy DJT, which will probably piss off Tesla stockholders who have endured ups and downs in share price and have finally seen some extended gains over the past year.Recall: Musk overpaid for Twitter back in 2022, shelling out $44 billion for something that at least on paper, is probably worth close to $4 billion. Twitter barely breaks even with 200 million daily users. Truth Social loses a lot of money, $160 million in the second quarter and has just a fraction of those daily users.Musk, like most good businessmen, hates over-paying. It’s the reason why after the initial exuberance of buying Twitter and freeing it from the woke forces of prior management, he tried (in vain) to get out of the deal.Is he ready to pay $10 billion plus maybe a premium depending on where shares settled out, for something that on paper might be worth $10 were it not for the MAGA-craze setting DJT shares on fire?Come to think of it, maybe. Remember, Musk is now part of the MAGA faithful, and if Trump does become president he would have an even better friend in the White House to support his various ambitions that include government contracts for space travel and who knows what else.And if Trump loses, what’s another $10 billion for a guy worth $300 billion?","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":367135347679544,"gmtCreate":1730676358655,"gmtModify":1730685641135,"authorId":3576140222331577,"author":{"id":3576140222331577,"idStr":"3576140222331577","authorId":3576140222331577,"name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":366616399560768,"type":1,"supId":0,"prevId":0,"content":"To be clear, I am still saying that at the moment Tesla is the all important money earner. And I am also saying that despite the good recent financial results for Tesla is encouraging, in the long run Tesla is losing ground to others like BYD. Elon Musk knows this. This is why he was talking up robots. But I feel it is the satellite business which has got greater money earning potential. And this is why be needs the support of a patron President.","text":"To be clear, I am still saying that at the moment Tesla is the all important money earner. And I am also saying that despite the good recent financial results for Tesla is encouraging, in the long run Tesla is losing ground to others like BYD. Elon Musk knows this. This is why he was talking up robots. But I feel it is the satellite business which has got greater money earning potential. And this is why be needs the support of a patron President.","html":"To be clear, I am still saying that at the moment Tesla is the all important money earner. And I am also saying that despite the good recent financial results for Tesla is encouraging, in the long run Tesla is losing ground to others like BYD. Elon Musk knows this. This is why he was talking up robots. But I feel it is the satellite business which has got greater money earning potential. And this is why be needs the support of a patron President."},{"id":366834442453200,"gmtCreate":1730602894349,"gmtModify":1730611291325,"authorId":4151941377592162,"author":{"id":4151941377592162,"idStr":"4151941377592162","authorId":4151941377592162,"name":"zelia","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":366616399560768,"type":1,"supId":0,"prevId":0,"content":"fake news. I am buying also. u believe??? tok <u>cock</u>","text":"fake news. I am buying also. u believe??? tok <u>cock</u>","html":"fake news. I am buying also. u believe??? tok <u>cock</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":16,"commentSize":4,"repostSize":3,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}