Jason @ 00:26:11Right
politicsmarkets
Within roughly one week of this April 5, 2024 episode, Donald Trump will receive approximately 36 million additional shares of Trump Media & Technology Group (ticker DJT), with a then-market value of nearly $2 billion.
Trump owns 60%, and he stands to receive an amount of 36 million additional shares in the coming week, worth almost 2 billion.View on YouTube
Explanation
Evidence from regulatory filings and multiple news outlets shows that Donald Trump did in fact receive an additional 36 million shares of Trump Media & Technology Group (DJT) as an earnout award, and that these shares were worth on the order of $1.6–$1.8 billion at the time:
- The merger agreement included up to 36 million “earnout” shares for Trump if DJT’s share price stayed above set benchmarks (notably $17.50) for 20 out of 30 trading days beginning March 25, 2024. (cnbc.com)
- By April 22, 2024, CNBC reported Trump was poised to receive up to 36 million additional shares once that 20-day condition was satisfied. (cnbc.com)
- A later CNBC piece reports that Trump received 36 million more shares on Friday, April 26, 2024, as an earnout bonus, bringing his total holdings to 114.75 million shares; at a DJT closing price of $49.93, the new block alone was worth about $1.8 billion (“almost $2 billion”). (cnbc.com)
- AP and other outlets likewise report that Trump was awarded 36 million additional shares, raising his stake to more than 114 million shares, with the grant valued around $1.6–$1.8 billion, depending on the reference price. (valuethemarkets.com)
Match to the prediction:
- Number of shares: Predicted ≈36 million; actual grant = 36,000,000 shares → accurate.
- Value: Predicted “almost $2 billion”; contemporaneous valuations around $1.6–$1.8 billion → very close in magnitude.
- Timing: Jason said “in the coming week” (normalized as “within roughly one week” of the April 5 episode). In reality, the grant was made on April 26, 2024, about three weeks after the episode.
Because the core substantive claim—that Trump would receive about 36 million extra DJT shares worth nearly $2 billion—did indeed come true (albeit a bit later than implied), this prediction is best classified as right, with the caveat that the timing was off by roughly two weeks.