Hours before polls closed on Election Day, Donald Trump’s social media company reported a bleak financial
update: It had lost $363 million in the first nine months of 2024 on just $2.6 million of sales.
Less than 12 hours later, as it became clear the former president was heading back to the White House in a resounding win, the shares
soared 60%
, adding an instant $2.4 billion to Trump’s paper wealth.