Meme Stock Mania Could Make Trump Richer Than Ever

Meme Stock Mania Could Make Trump Richer Than Ever

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Trump's media group plans to go public via a SPAC, causing a stock market frenzy and boosting the company's implied value to over $8.2 billion. Trump is expected to own more than 50% of the company, potentially increasing his net worth significantly. However, the gains are uncertain due to market instability, marking a significant shift in Trump's post-presidency business landscape.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Donald Trump's estimated net worth according to the Bloomberg Billionaires Index?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the stability of the gains related to Trump's media venture?

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