Donald Trump at the Arlington National Cemetery, August 2024
Donald Trump's stake in his social media company has gotten less valuable as the stock has fallen. But Trump's shares are still worth $2.4 billion.
  • Shares of Trump Media & Technology Group — the company that runs Trump's Truth Social app — have plummeted.
  • Trump Media/Truth Social is a meme stock, so that's not a total shock.
  • But there are two good reasons why the stock could be under pressure right now.

Earlier this year, Donald Trump's social media company was worth something like $9 billion.