Republican Vice Presidential Candidate U.S. Senator J.D. Vance (R-OH) and Democratic Vice Presidential Candidate Minnesota Governor Tim Wall hosted by Donald Trump Jr. on CBS in New York, United States, October 1, 2024 Interviewed by the media at the end of the debate between the two.
Brendan McDermid | Reuters
Negotiations for Donald Trump Jr. to join board of directors PSQ Holdings Shares of the owner of online marketplace PublicSquare soared on Tuesday.
The stock soared 130% in pre-market trading Bloomberg reportsPresident-elect Donald Trump’s eldest son could join PSQ’s board of directors as early as Tuesday, people familiar with the matter said.
PublicSquare is a commerce and payments company focused on “life, family and freedomPSQ is a microcap stock, with a market capitalization of just $72 million as of Monday’s close.
In the September quarter, the company had net income of $6.5 million and an operating loss of more than $14 million. PSQ in West Palm Beach, Florida is a 16-minute drive from Mar-a-Lago, the president-elect’s primary residence.
PSQ Holdings declined CNBC’s request for comment.
Just last week, Trump Jr. joined the board of directors of Unusual Machines, a small American machine company. Drones and Drone Parts Manufacturersthe stock price rose as much as 100% on the day of the announcement.
In November, Trump Jr. joined the venture capital firm 1789 Capital as a partner. The firm invests in products and companies targeting conservatives, including Tucker Carlson’s media company.
PSQ director Kelly Loeffler, a former U.S. senator from Georgia, reportedly purchased 1.2 million shares of the payments company on October 24 for about $3.25 million. Supervision filing. With Tuesday’s gains, the value of her holdings will increase.
About The Author
