Trump’s Truth Social Is Worth More Than Elon Musk’s X Amid Stock Price Surge

Truth Social’s parent is now worth more than $10 billion, while X Holdings is valued at $9.4 billion.

Elon Musk, founder, CEO, and chief engineer of SpaceX, speaks during Republican presidential nominee and former President Donald Trump’s rally at Butler Farm Show in Butler, Pa., on Oct. 5, 2024. Samira Bouaou/The Epoch Times

Former President Donald Trump’s Truth Social is worth more than Elon Musk’s X platform after a recent surge in the shares of its parent company.

Over the past month, Trump Media & Technology Group Corp, which trades as DJT, has surged by 220 percent, or about $35 per share. As of Oct. 30, DJT was trading at about $51 per share.