Trump’s New Social Media Business Is Worth An Estimated $10 Billion

<p>The people valuing Trump’s enterprise at this price are everyday stock pickers. They still can’t purchase shares in the Trump Media and Technology Group, but they can buy stock in a pile of cash — also known as a special purpose acquisition company, or a SPAC — that plans to merge with Trump’s business. It’s a lot of money riding on a barely formed business.</p>