Truth Social has eclipsed The New York Times in terms of value as President Trump gets the last laugh in the media wars.

President Trump’s fledgling social media platform is now worth more than The New York Times—quite ironic, isn’t it?

After they talked so much trash and led the MSM charge against Trump, they are now losing the media game against the former President.

They’re losing at their own game, which is a stunning indictment of the mainstream media in America—the incompetence runs that deep.

Many thought the recent revelation was hilarious and well-deserved, take a look at some of the reactions:

Daily Mail confirmed: that Truth Social now has a higher market cap than The New York Times:

The Times, which was established in 1851 and reported on the firm’s public trading debut which put its value as greater than Barbie-maker Mattel, is valued at about $7 billion.

It’s share price is about 2,000 times revenue.

The Conservative Caucus writes: “Truth Social is valued at more than $8B after the first day of trading on NASDAQ, making it more valuable than the New York Times.

As with any company, Truth needs to keep performing in its business. But this proves the power of the conservative consumer in America. We’re not the minority, we’re the majority. Can you say poetic justice?”

 

Vanity Fair bemoaned the meteoric rise of the stock:

Some financial analysts have observed that Trump devotees are buying up shares of the company the same way they buy campaign hats at rallies, with the added benefit of potentially helping Trump escape grave financial and legal peril.

This is a Guest Post from our friends over at WLTReport.

View the original article here.

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