Trump Media & Technology Group (stock code DJT) is a technology media company controlled by former President Donald Trump, which owns the social platform Truth Social, the streaming service Truth+, and the upcoming fintech segment Truth.Fi. Currently, DJT is known for its extreme volatility and is regarded by the market as a typical case of the intersection between “political concept stocks” and “celebrity stocks.”
Since being listed on NASDAQ in March 2024, DJT’s stock price has diverged from the company’s fundamentals, typically showing a net loss of $400.9 million for the whole year of 2024, with revenue only at $3.6 million. However, driven by political expectations and retail enthusiasm, it has experienced multiple instances of doubling in price. Investors should be aware that this volatility reflects market sentiment more than stable performance.
On June 5, 2025, Trump and Elon Musk attacked each other in public: Musk criticized Trump’s latest tax bill for exacerbating the deficit, while Trump threatened to cut Musk’s company government contracts, ultimately leading to a 14.3% drop in Tesla’s stock price, with DJT also falling 8.04% on the same day. This incident once again highlights the amplifying effect of political factors on stock prices.
In addition, the company disclosed that by the end of 2024, it will have a cash reserve of 77.3 billion dollars and plans to invest part of the funds into the Truth.Fi business. Although the substantial cash reserve alleviates short-term liquidity pressures to some extent, if there is no significant improvement in the core business, the long-term reliance on retail sentiment will be difficult to sustain.
As of early June 2025, the DJT stock price hovers in the range of $20 to $22. Since 2025, the stock price has generally increased by 3.5%, but with significant volatility. From late May to early June, the stock price fell for several consecutive days, with a cumulative drop of about 19%, reflecting market concerns about the company’s fundamentals and political risks.
The following are some key price points from mid-March to early June 2025 (data source: market comprehensive statistics):
Truth Social is an “alternative social platform” to Twitter, but compared to mainstream platforms, its activity and advertising revenue levels are relatively low. As of the end of 2024, the monthly active users are about 6.3 million (January 2025 data), which still shows a significant gap compared to competitors. The platform’s profit model mainly relies on advertising revenue sharing, but due to a limited user base, advertising revenue growth is sluggish.
In Q4 2024, Trump Media will launch Truth+, available on Android, iOS, and the web. The service is currently in the early stages in terms of content and user growth, but if it can attract paying users within the Trump fan ecosystem, it may contribute to revenue growth.
In January 2025, it was officially announced that a plan would be put in place to invest $250 million in collaboration with Charles Schwab and Yorkville America to launch the “Truth.Fi” financial services product, which includes cryptocurrency, ETFs, customized investment portfolios, and more.
In June 2025, the stock price of Trump Media Stock (DJT) fluctuated sharply due to both political and business factors. On June 5, it dropped 8% due to a public dispute between Musk and Trump, highlighting the amplifying effect of political events on stock prices. Meanwhile, the Bitcoin ETF and the Truth.Fi plan aim to provide new growth points for the company, but there remains uncertainty regarding the implementation of business operations and profitability in the short term. As a novice investor, if you intend to participate in DJT, be sure to pay attention to event risks, establish stop-loss measures, and control your position, while rationally viewing its high volatility characteristics. Wishing you successful investments.
Trump Media & Technology Group (stock code DJT) is a technology media company controlled by former President Donald Trump, which owns the social platform Truth Social, the streaming service Truth+, and the upcoming fintech segment Truth.Fi. Currently, DJT is known for its extreme volatility and is regarded by the market as a typical case of the intersection between “political concept stocks” and “celebrity stocks.”
Since being listed on NASDAQ in March 2024, DJT’s stock price has diverged from the company’s fundamentals, typically showing a net loss of $400.9 million for the whole year of 2024, with revenue only at $3.6 million. However, driven by political expectations and retail enthusiasm, it has experienced multiple instances of doubling in price. Investors should be aware that this volatility reflects market sentiment more than stable performance.
On June 5, 2025, Trump and Elon Musk attacked each other in public: Musk criticized Trump’s latest tax bill for exacerbating the deficit, while Trump threatened to cut Musk’s company government contracts, ultimately leading to a 14.3% drop in Tesla’s stock price, with DJT also falling 8.04% on the same day. This incident once again highlights the amplifying effect of political factors on stock prices.
In addition, the company disclosed that by the end of 2024, it will have a cash reserve of 77.3 billion dollars and plans to invest part of the funds into the Truth.Fi business. Although the substantial cash reserve alleviates short-term liquidity pressures to some extent, if there is no significant improvement in the core business, the long-term reliance on retail sentiment will be difficult to sustain.
As of early June 2025, the DJT stock price hovers in the range of $20 to $22. Since 2025, the stock price has generally increased by 3.5%, but with significant volatility. From late May to early June, the stock price fell for several consecutive days, with a cumulative drop of about 19%, reflecting market concerns about the company’s fundamentals and political risks.
The following are some key price points from mid-March to early June 2025 (data source: market comprehensive statistics):
Truth Social is an “alternative social platform” to Twitter, but compared to mainstream platforms, its activity and advertising revenue levels are relatively low. As of the end of 2024, the monthly active users are about 6.3 million (January 2025 data), which still shows a significant gap compared to competitors. The platform’s profit model mainly relies on advertising revenue sharing, but due to a limited user base, advertising revenue growth is sluggish.
In Q4 2024, Trump Media will launch Truth+, available on Android, iOS, and the web. The service is currently in the early stages in terms of content and user growth, but if it can attract paying users within the Trump fan ecosystem, it may contribute to revenue growth.
In January 2025, it was officially announced that a plan would be put in place to invest $250 million in collaboration with Charles Schwab and Yorkville America to launch the “Truth.Fi” financial services product, which includes cryptocurrency, ETFs, customized investment portfolios, and more.
In June 2025, the stock price of Trump Media Stock (DJT) fluctuated sharply due to both political and business factors. On June 5, it dropped 8% due to a public dispute between Musk and Trump, highlighting the amplifying effect of political events on stock prices. Meanwhile, the Bitcoin ETF and the Truth.Fi plan aim to provide new growth points for the company, but there remains uncertainty regarding the implementation of business operations and profitability in the short term. As a novice investor, if you intend to participate in DJT, be sure to pay attention to event risks, establish stop-loss measures, and control your position, while rationally viewing its high volatility characteristics. Wishing you successful investments.