ARE THERE OTHER WAYS TRUMP COULD RAISE THE MONEY?

There is a possibility that Trump may receive a substantial amount of money as a consequence of an upcoming deal to list Trump Media & Technology Group, Trump’s social media company, on the stock market under the ticker symbol DJT. If Trump were to take advantage of this chance, it would be major. It has been decided that a meeting of shareholders will take place on Friday. Should the deal be approved, Trump would be the owner of at least 58% of the shares of the company that operates his Truth Social network.

This would be the case if the transaction is granted. It is probable that he will not be able to immediately convert those equities into cash, despite the fact that the value of those stocks might be worth several billion dollars, depending on the share price. When interest is taken into account, the total amount that Trump is responsible for paying continues to increase by almost 112,000 dollars each and every single day. As of Tuesday, it was estimated that he owed the state approximately around 457 million dollars.

There is a total debt of $467.4 million that is collectively the responsibility of him and his co-defendants, who include his corporation, his sons Eric and Donald Trump Jr., and other officials. According to statements made by Trump’s legal team, in order to obtain a bond, they would be required to deposit collateral that would cover 120% of the judgment, which is about $557.5 million. This was indicated in order to secure a bond.

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