29 min
Trump's Truth Social Is a Meme Stock—So What Happens Next? Inside the Hive by Vanity Fair
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- News
Host Brian Stelter speaks with journalist Scott Nover about how Donald Trump, in the midst of legal and financial turmoil, just got a huge lifeline by way of Truth Social. No, the social media network for the MAGA crowd isn’t suddenly a raging success. But through a “meme stock media merger,” as Nover recently described it for Vanity Fair, the presumptive GOP nominee netted billions this week—at least on paper. Questions remain, though, as to how and when Trump can actually take this money out of the market?
Host Brian Stelter speaks with journalist Scott Nover about how Donald Trump, in the midst of legal and financial turmoil, just got a huge lifeline by way of Truth Social. No, the social media network for the MAGA crowd isn’t suddenly a raging success. But through a “meme stock media merger,” as Nover recently described it for Vanity Fair, the presumptive GOP nominee netted billions this week—at least on paper. Questions remain, though, as to how and when Trump can actually take this money out of the market?
29 min