Trump Set to Score $1 Billion in Truth Social Stock Despite Volatility

Donald Trump is poised to receive an additional 36 million shares of Trump Media on Tuesday—a so-called “earnout” bonus that’d be worth more than $1 billion at Monday’s closing price.

To officially secure the earnout, the former president needs Trump Media, the parent company of his Truth Social app, to be trading at more than $17.50 per share when the closing bell rings on Tuesday afternoon.

With Trump Media trading at double that amount per share on Monday, it’d take a last-second implosion for Trump to not qualify for the share infusion that will add a significant chunk to his net worth.

Read more at The Daily Beast.