"No, I'm not selling. I'm not leaving. I love it. I think it's great," Trump stated, emphasizing his commitment to Truth Social and his majority stake in Trump Media.
Following Trump's comments, shares of Trump Media surged 18%, indicating strong market interest and confidence in the company's prospects despite recent declines.
Trump Media's stock, originally valued at nearly $10 billion after its March listing, has struggled in recent weeks, particularly after shifts in the political landscape.
The potential for Trump and company insiders to sell shares starting from September adds uncertainty to the stock, which is perceived as a speculative investment by retail traders.
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