Trump Media Merger Provides Trump a Potential Cash Lifeline
www.nytimes.com
Having closed the merger of his social media company, Mr. Trump could find ways to raise cash against the value of his stake in the company, estimated at more than $3 billion.
  • Cuttlefish1111@lemmy.world
    0·
    1 year ago

    Oh I thought there was a scientific method which calculates the value. I didn’t realize it was created out of thin air

    • TropicalDingdong@lemmy.world
      0·
      1 year ago

      This is something to learn. All value is created out of thin air.

      Or another way of putting this, is that a price only exists when someone is willing to pay it.

    • stoly@lemmy.world
      0·
      1 year ago

      Ostensibly there are methodologies to do this properly but really you can say whatever you want.