"Experts Question Trump Media Company's Multibillion-Dollar Valuation on Wall Street Debut"

Trump Media & Technology Group, the owner of Truth Social, went public with an $11 billion valuation, despite burning through cash, piling up losses, and losing users on its struggling social media platform. Experts warn that the stock price is divorced from fundamentals and could eventually plummet. The company's future is tied to Trump, who faces legal issues, and its success hinges on a potential second term for him. Despite the risks, the stock price could remain inflated due to enthusiasm from Trump's supporters.