1y ago

Trump Is in Line for a $3.5 Billion Windfall From Stake in Truth Social

www.wsj.com /finance/stocks/trump-is-in-line-for-a-3-5-billion-windfall-from-his-stake-in-truth-social-eae58c9d

cross-posted from: https://lemmy.ml/post/13470219

Trump Is in Line for a $3.5 Billion Windfall From Stake in Truth Social
If the SPAC is approved this week, he could potentially use the stock as collateral to get a bond and avoid having properties seized or declaring bankruptcy by next week's deadline.