There is speculation that Trump may be in line for a big payday following the initial public offering (IPO) of his Twitter clone, "Truth" Social. And he may indeed enjoy a windfall, but it would come at the expense of investors. Whatever value the new public company may have will be based almost entirely on its association with Trump. If he cashes out, the stock price will likely plummet, leaving investors in the lurch. Anyone buying Truth Social stock would be buying into a scam designed to drag a bankrupt con man back into solvency.

[latimes.com]