The impending Wall Street debut of Donald Trump's Truth Social network has sparked speculation about its potential impact on the former president's financial fortunes. However, experts caution that while the initial public offering (IPO) may confer significant paper wealth, practical challenges could hinder immediate benefits.
According to Matthew Kennedy, Senior IPO Market Strategist at Renaissance Capital, Trump's ability to monetize his stake post-IPO is constrained: "President Trump won't be able to monetize that stake right away," he told CNN.
