Trump Media Files for Potential $2.3 Billion Share Sale

WASHINGTON, D.C. — Donald Trump’s social media company, Trump Media and Technology Group, filed paperwork with the Securities and Exchange Commission on April 1, 2025, signaling a potential sale of up to 115 million shares valued at more than $2.3 billion.

The filing would allow the Donald J. Trump Revocable Trust, which holds Trump’s stake in the company, to proceed with the sale. Control of the trust rests with Trump’s son, Donald Trump Jr. However, the paperwork does not guarantee a sale and does not offer specifics about any future transactions.

This move follows Trump’s transfer of ownership to the revocable trust after he took office, a decision that has raised concerns among investors. As the largest individual shareholder, a sell-off by Trump could instigate panic among investors and negatively impact the company’s stock price.

Industry analysts are closely monitoring the market reaction as Trump Media is yet to publicly comment on this development. Investors fear that a significant sale could lead to a decline in stock value.