Truth Social, the Trump-owned social media platform, started trading publicly on March 26, 2024. The social network has fewer users and a lower valuation than Meta Platforms, X (formerly Twitter), and Pinterest did at their initial public offerings. The market capitalization of Truth Social when it went public was estimated to be six billion dollars, with an estimated five million monthly active users.
Monthly active users (MAUs) and market capitalization at initial public offering (IPO) for selected social media companies as of March 27, 2024
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Axios. (March 27, 2024). Monthly active users (MAUs) and market capitalization at initial public offering (IPO) for selected social media companies as of March 27, 2024 [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1459282/mau-market-cap-at-ipo-social-media-companies/
Axios. "Monthly active users (MAUs) and market capitalization at initial public offering (IPO) for selected social media companies as of March 27, 2024." Chart. March 27, 2024. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1459282/mau-market-cap-at-ipo-social-media-companies/
Axios. (2024). Monthly active users (MAUs) and market capitalization at initial public offering (IPO) for selected social media companies as of March 27, 2024. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1459282/mau-market-cap-at-ipo-social-media-companies/
Axios. "Monthly Active Users (Maus) and Market Capitalization at Initial Public Offering (Ipo) for Selected Social Media Companies as of March 27, 2024." Statista, Statista Inc., 27 Mar 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1459282/mau-market-cap-at-ipo-social-media-companies/
Axios, Monthly active users (MAUs) and market capitalization at initial public offering (IPO) for selected social media companies as of March 27, 2024 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1459282/mau-market-cap-at-ipo-social-media-companies/ (last visited November 13, 2024)
Monthly active users (MAUs) and market capitalization at initial public offering (IPO) for selected social media companies as of March 27, 2024 [Graph], Axios, March 27, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1459282/mau-market-cap-at-ipo-social-media-companies/