"Truth Social's Impact on Trump's Finances and Stock Performance"

Donald Trump's net worth has surged to $7.5 billion following the public listing of his social network Truth Social, potentially offering a solution to his financial woes and legal troubles. However, his fundraising for the 2024 campaign and legal expenses have been lackluster, leading him to explore unconventional tactics such as selling special edition Bibles. While the IPO windfall could alleviate some financial pressure, the future of Truth Social's profitability remains uncertain, with the company reporting significant losses and facing challenges in monetizing its platform. Trump's ability to cash in on his newfound wealth is also complicated by a six-month lock-up period for major shareholders, including himself, and the risk of triggering a stock price decline if he attempts to sell his shares.