Truth Social logo displayed on a smart phone with Donald J. Trump seen in the background, in this photo illustration. On 03 September 2023 in Brussels, Belgium
Donald Trump created Truth Social after he was banned from X, formerly Twitter.
  • Donald Trump's social media platform Truth Social is set to go public next week.
  • His 60% stake in the company is valued at over $3 billion.
  • But if he cashes out, it could cause other investors to follow suit, sending the stock tumbling.

Hot on the heels of Reddit's recent IPO, yet another social media firm is going public this month.