Summary
⚈ DJT stock remains highly volatile, fueled by retail traders and meme-like trading patterns.
⚈ Weak financials and Trump’s trade policies continue to pressure the stock.
Since becoming eligible to sell his shares in Trump Media (NASDAQ: DJT) in late 2024, President Donald Trump has seen his stake surge by at least $1 billion, despite the stock’s volatile performance.
Trump owns 114.75 million DJT shares, representing a 53% stake in the company. When his post-merger lock-up period expired on September 20, Trump Media was trading at $13.55 per share, valuing his holdings at approximately $1.55 billion.
As of May 7, 2025, the equity has climbed to $23.80, a 75.28% increase from the September level. This pushes the value of Trump’s stake to roughly $2.72 billion, an estimated paper gain of $1.17 billion.
The stock peaked on October 29, 2024, reaching $51 per share. At that high, Trump’s shares were briefly worth around $5.85 billion. However, DJT has declined sharply, losing nearly 50% of its value from that peak.
It’s worth noting that in December 2024, after winning a second term in the White House, Trump transferred his shares to a revocable trust.
He remains the sole beneficiary, retaining full control over the assets and any potential dividends or sale proceeds, while also gaining flexibility for estate planning.
DJT stock’s volatile ride
At the same time, Trump Media shares has been on a rollercoaster ride, mainly driven by speculation around President Trump’s political path.
Fueled by retail traders and social media buzz, DJT has also shown meme-stock characteristics.
In this regard, trading volume hit 120 million shares at one point, far above its 35 million monthly average. Momentum trading has also intensified the swings, with rapid surges often followed by steep declines.
Meanwhile, the company’s financial fundamentals remain shaky. At the end of 2024, revenue declined 12% year-over-year, while net losses widened to $400.9 million from $58.2 million in 2023.
Finally, Trump Media’s stock price remains sensitive to broader market forces, including unease surrounding Trump’s controversial trade policies.
Featured image via Shutterstock
