On Tuesday, the value of PublicSquare, the owner of the “woke-free” online marketplace, skyrocketed after it was announced that Donald Trump Jr. would be joining the small company’s board of directors.
According to a person with knowledge of the situation, Trump Jr. will be joining the board of PSQ Holdings, the parent company of PublicSquare. Bloomberg News was the first to report on Trump Jr.’s arrival.
The value of PSQ Holdings increased by over 90% as a result of that news, rising from $72 million at Monday’s closing bell to roughly $135 million on Tuesday afternoon.
No changes to the board have been formally declared by the West Palm Beach, Florida-based corporation.
Its CEO and founder, Michael Seifert, chose not to respond to the findings.
