Trump Media Company Soars in Debut, Boosting His Stake Despite Legal Woes

• Trump Media & Technology Group stock soars over 16% in market debut, giving company nearly $8 billion valuation • Trump launched Truth Social media platform after being banned from sites like Twitter and Facebook post-Capitol riots • Trump holds nearly 60% stake in company, now worth about $4.6 billion • Trump facing multiple criminal trials and struggling to raise legal funds as he campaigns for 2024 election • Trump ordered to pay $175 million bond after court ruled he lied about asset values; was originally $454 million