Staff Reports
In a surprising turn of events, CNN, known for its critical stance towards former President Donald J. Trump, reported on potentially positive news for him. Following The Washington Post's revelation about the Securities and Exchange Commission approving a merger between the Trump Media and Technology Group and Digital World Acquisition, CNN couldn't resist delving into the financial implications for Trump.
CNN delved into the potential value of Trump's shares in Truth Social and discovered that in 2022, they were valued at approximately $700 million. However, last year, their value plummeted to less than $100 million. But there's hope on the horizon! If Truth Social goes public, Trump's shares could skyrocket in worth, potentially reaching an astonishing $4 billion. That's a substantial increase and a significant windfall for Trump.
Watch: CNN Forced to Talk About Trump's Massive Financial Opportunity if Truth Social Goes Public via @WestJournalism https://t.co/zLS44bQ3B7
— Sharon Rediker (@NeegranRediker) February 23, 2024
However, there's a catch. Trump is prohibited from selling the stocks for six months following the merger. Nonetheless, the possibilities are endless. Speculations abound regarding how Trump might utilize the funds, whether for financing his next presidential campaign or silencing his detractors. While The Washington Post mentioned the possibility of the stock's value declining, optimism persists, buoyed by Trump's proven track record in making lucrative financial decisions.
Despite CNN's obligatory disclaimers about Trump's wealth being "paper wealth" and the current restriction on selling his shares, the significance of this development cannot be understated. It represents a much-needed victory for Trump in light of the relentless negative press he has faced. Even critics suffering from Trump Derangement Syndrome begrudgingly acknowledge the positive nature of this news.
Moreover, with uncertainties surrounding the 2024 election, including warnings from figures like Michael Flynn, the call to action becomes urgent. Americans are urged to unite against perceived elitist threats to the nation. The survival of conservative news outlets, such as The Western Journal, hangs in the balance. Every patriot is implored to stand up and join the fight by becoming a Western Journal member, thus supporting the cause and countering the influence of Big Tech. The future of America hangs in the balance, and collective action is needed to safeguard its values.
