Trump threatens Zuckerberg but fellow Republican piles into META stock

July 10, 2024 09:02 PM IST | By Invezz
 Trump threatens Zuckerberg but fellow Republican piles into META stock
Image source: Invezz

Donald Trump just sent Facebook founder Mark Zuckerberg a reminder: he hasn’t forgotten about their beef. He threatened to send election fraudsters to jail and wanted everyone to know who he was talking about.

In his post on the Truth Social platform, Trump did not directly name Zuckerberg. But then, he also didn’t leave much to the imagination either.

The Justice Department is CORRUPT and won’t do a thing to help. They have no shame! All I can say is that if I’m elected President, we will pursue Election Fraudsters at levels never seen before, and they will be sent to prison for long periods of time. We already know who you are. DON’T DO IT! ZUCKERBUCKS, be careful! Donald Trump.

Going further back to 2000, Trump was banned from using the Facebook platform after the Capitol Riots where 5 people lost their lives. That ban was lifted in January 2023.

A month later, Trump attacked Mark Zuckerberg after a news report came out that the Meta Platforms CEO was under investigation for a $2 million donation to a Georgia election board.

Trump wanted Zuckerberg to be prosecuted. In continuation of those attacks, Trump continues to call Zuckerberg and Democrats cheats, same words he used last year.

The Democrats only know how to cheat. America isn’t going to take it much longer! Donald Trump, 2023.

With Joe Biden struggling to convince his own party members that he has the capacity to run for President, the odds of Trump’s victory have improved. Earlier today, Nancy Pelosi refused to endorse Joe Biden for the presidency, ensuring she was diplomatic with her answers.

Other Democrats have also shown concerns on the mental and physical state of Joe Biden, raising questions on his ability to run the country for 4 years, even if he somehow manages to win the elections. Disney heiress Abigail also threatened to stop the Democrat party’s funding if Biden continued running for the presidency.

Trump’s aggressive attacks are no surprise. But what is surprising in this instance is despite the feud between Zuckerberg and Trump, a fellow Republican continues to pile money into META stock.

That fellow Republican is Michael McCaul, who is known for taking large positions in stocks. In the last 3 months, the Texas Representative has bought META stock worth $130,000 to $300,000.

His transactions were carried out in April at the following price points:

DateAmountPrice
12th April$100k – $200k$511.9
30th April$30k – $100k$430.17

The META stock was trading at $531 earlier today. It has doubled in value in the last one year with the highlight being the first ever dividend that the company paid to shareholders earlier this year.

The post Trump threatens Zuckerberg but fellow Republican piles into META stock appeared first on Invezz


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