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Donald Trump is poised to receive an additional 36 million shares of Trump Media on Tuesday—a so-called “earnout” bonus that’d be worth more than $1 billion at Monday’s closing price.
To officially secure the earnout, the former president needs Trump Media, the parent company of his Truth Social app, to be trading at more than $17.50 per share when the closing bell rings on Tuesday afternoon.
With Trump Media trading at double that amount per share on Monday,...