Trump's Crucial Decision: Will He Sell His Truth Social Shares?

Donald Trump may start selling his shares of Truth Social's parent company next week, following a lockup period expiration. The decision is significant as the value of the shares has markedly declined from their peak earlier this year, amid questions about the company's financial health.

Donald Trump has more on his mind than last night's debate with Vice President Kamala Harris, as he faces a crucial decision next week. The former president is eligible to start selling his shares in Truth Social's parent company when a lockup provision ends on September 19.

The lockup provision prevents insiders from selling newly issued shares for six months. Trump, who owns nearly 115 million shares valued at approximately $2 billion based on recent prices, faces a significant financial decision.

While the potential payout is substantial, the current stock value is a fraction of what it was at its peak earlier this year. Truth Social, created by Trump after his ban from Twitter and Facebook following the January 6 Capitol riot, reported a $58.2 million loss last year. Market experts label the stock a 'meme-stock,' subject to volatile fluctuations driven largely by individual investors.