It's well known that Trump Media stock trades at a premium valuation, but one chart shows just how absurd it is.
AdvertisementA lot has been written about Trump Media and Technology Group's premium valuation, but one chart really helps put it into perspective.
The social media company, founded by former President Donald Trump, has a market valuation of nearly $7 billion.
Another way to value the profitless Trump Media is to compare its current market valuation to its monthly active user base.
Since Trump Media's recent stock surge,that valuation has surged to $1,309 per Truth Social user, and at its peak in March, each Truth Social user was worth $1,794.
Persons:
Donald Trump's, —, Donald Trump, Michael Cembalest, Alex W, Cembalest, Steve Sosnick, MAGA, Sosnick
Organizations:
Trump Media, Service, Technology, Truth, MSNBC, JPMorgan, Trump, Interactive Brokers
Locations:
1,590x