“TRUMP meme coin and Trump Media shares collapsed amid Trump’s confrontation with MuskTrump Media shares fell by 8% and Trump Coin by 12% after a public dispute between Donald Trump and Elon Musk. The conflict has
led to significant losses for investors.”, — write: unn.ua
DetailsOn Thursday, the publication notes, not only investments related to Elon Musk suffered.
Shares of Trump Media & Technology Group, the parent company of Truth Social, a controlling stake in which is owned by the US President, fell 8% on Thursday, continuing the fall, amid Trump and Musk arguing online during the day.
Meanwhile, Trump Coin, a memecoin backed by the US president, fell 12% in daily trading.
AdditionOn Thursday, June 5, shares of Tesla fell by 150 billion dollars due to a public dispute between US President Donald Trump and billionaire, CEO of the electric car manufacturer Elon Musk.
The wealth of billionaire Elon Musk decreased by $34 billion in one day – Bloomberg 06.06.25, 11:50 • 2486 views