Trump Loses $1.3 Bln in 48 Hours as Tech Meme Stock Plunges

The former president’s internet company – Trump Media & Technology Group, has been on a highly volatile rollercoaster ride of highs and lows throughout the week, temporarily surging to a valuation of over $10 billion - about $600 million more than Elon Musk’s social networking giant X, on Wednesday before plummeting.