‘Trump 2024 to the Moon’: MAGA Fans Go All in on the Truth of the Real Thing

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Social TruthFormer President Donald Trump’s Twitter partner, has a fraction of the users of competitors like Reddit and X. The company has never turned a profit, and it’s just a place for Trump to post.

But on the Nasdaq, the stock exchange where Truth Social became a publicly traded company today, there is another story: Truth Social has become a definitive meme stock. Trump supporters seem to have combined their support for the former president with the same stocks, and are buying more of them.

The stock soared more than 40 percent after listing and trading under Trump’s initials ticker, DJT. The company is now valued at more than $6.8 billion. The price, however, can change quickly; the stock was so volatile that it stopped for a while after it was written. The company’s financial performance has been difficult. They invested $3.3 million and lost $49 million in the first three quarters of 2023, according to regulatory documents.

However, Trump fans have posted on Reddit, X, and Truth Social about how they plan to keep the property against economic logic. Old memes like GameStop and the nature of cryptocurrency have helped to provide the documentation, but the breakdown process is simple: Short sellers will perish, the stock will go to the moon, and don’t sell anything.

“Let’s go baby! Trump 2024 to the moon,” one user wrote on Reddit, followed by a rocket ship emoji.

In another Reddit thread, stockholders discussed the price at which they would sell shares in the company. “At least waiting for the victory of the elections,” one user wrote, with the tag Diamond DWAC, referring to the “hands of diamonds,” the desire to own property despite the instability.

“$150 maybe…” Or when our founder is the Leader of The Free World (again) and a lot is said about a person in the world with great interest in him and his platform. So maybe not‼️”

Reddit user deepfuckingbagholder comparison that the company could eventually be worth 1 trillion dollars. When another user responded, saying that the calculation might not be possible, deepfuckingbagholder replied: “This store represents the value of the Trump brand and I believe it can meet this calculation.”

Social reality is, predictably, a hotbed of conspiracy fiction. Denying the decision, questioning the vaccine, and the main replacement theory everything is displayed on the page. The company has also faced controversy since its inception, following Trump’s ban on Twitter following the January 6, 2021 riots at the Capitol. A former senior employee filed a whistleblower complaint with the SEC, and other former employees sued the company, alleging breach of contract. Shareholders voted for the company to go public last week, including Trump Media and Technology Group and publicly traded company Digital World Acquisition Corp.

Social Truth’s massive calculations have made Trump even richer. His fortune rose from $4 billion to $6.5 billion, making him one of the 500 richest people in the world, according to calculations by Bloomberg News. Trump is prohibited from selling shares in the company for six months, so his profits may remain, however, if the price of Truth Social falls.

On Truth Social, one user prayed.

“Bless all the patriots who invested #DJT,” GothamGal wrote. “Bless this treasure, and let us succeed to do your will and bring glory to you. Bless and protect our President DJT, and our country. In the name of Jesus.”

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