Trump Media Deal Raises Questions Amid Legal and Financial Uncertainties

Donald Trump's previous public company, Trump Hotels and Casino Resorts, lost over $1 billion and went bankrupt after he made millions.

Trump Media & Technology Group, centered on Truth Social, is set to go public soon similarly with the stock ticker DJT.

Trump stands to gain around $3 billion from his nearly 80 million shares in the merged company.

The new public offering comes as Trump faces financial pressures from legal judgments against him.

Trump claims to have almost $500 million in cash, but it's unclear when he'd be able to sell shares under the merger terms.