Donald Trump owns ~80 million shares of Truth Social (58%). The company, as a profit-making enterprise, is basically an abject failure, but as a way to funnel m

Donald Trump owns ~80 million shares of Truth Social (58%). The company, as a profit-making enterprise, is basically an abject failure, but as a way to funnel money to Donald Trump, it is a roaring success. It would be frowned upon if a foreign government were to write a check to Donald Trump for, say, $100 million, but a sovereign wealth fund is perfectly capable of 'investing' a similar amount in his useless shell corporation. His stock in Truth Social, which has no possible future in which it's a profitable enterprise, is worth a few billion dollars because people with money are willing to use it as a vehicle to bypass restrictions on campaign donations.