- San Francisco filed a lawsuit in California state court accusing Trump Media of selling early access to President Trump's Truth Social posts through Truth API, which charges $100,000 a month for early access to the 10 most influential accounts.
- The lawsuit alleges Truth API violates California's Unfair Competition Law and federal ethics and anti-corruption laws prohibiting insider trading; San Francisco seeks to bar the service and impose a $2,500 fine per violation.
- Simply Wall St's DCF model values DJT at $1.41 per share versus a $9.10 market price, while its price-to-book of 2.5x exceeds the 1x US Interactive Media and Services sector baseline.
- DJT reported a net loss of roughly $1.3 billion on about $4.5 million in revenue, and its shares are down about 34% year-to-date but up about 22% over 90 days.
引述
“markets already move on Truth Social posts.”
“In today’s markets, early access means millions of dollars. This business scheme has turned public trust into private property.”
“Trump Media has unlawfully created, priced, marketed, and operated a commercial mechanism that knowingly and willfully facilitates Trump’s use of nonpublic information for private profit”
来源
- Is Trump Media & Technology Group (DJT) Fully Valued Following Its White House Access Spotlight?Yahoo Finance
- Trump Media & Technology Group Could Be 85% Below Fair Value As Media Access Ruling Renews Focus - Simply Wall St News
- San Francisco sues Trump Media for selling early access to Trump postsTheverge