President-Elect Donald Trump has urged authorities to investigate rumors about him selling Truth Social, claiming they are likely illegal and from market manipulators or short sellers.
Trump asserted, "THOSE RUMORS OR STATEMENTS ARE FALSE. I HAVE NO INTENTION OF SELLING!" emphasizing his commitment to keeping the platform intact and countering misinformation.
Following Trump's public denial of the sale rumors, shares of Trump Media reportedly rose by about 15%, reflecting a positive market reaction to his statements.
In his statement, Trump reiterated the significance of Truth Social, stating, "Truth is an important part of our historic win, and I deeply believe in it."
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