• FlexibleToast@lemmy.world
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    9 months ago

    Not yet. As part of the IPO, he can’t sell stock for 6 months. It being high at any point before that does nothing for him.

    • Burninator05@lemmy.world
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      9 months ago

      Unless the board (conveniently filled with his flunkies) votes to let him sell sooner. It seems like the best time to do that would have been a couple days after the IPO.

      • Hacksaw@lemmy.ca
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        9 months ago

        And nothing stops the company from using the ipo money to buy back shares, artificially creating demand exactly at the time Trump dumps his shares. If it’s anything like every other Trump venture the only goal is to funnel money to Trump.