Taking a company public is not a simple thing. You have to get several audits from the SEC and get their permission. You have to get the permission of the banks that control wall street.Why didn't Trump go public with Truth Social before?
Plus he has to make sure that his followers are willing to buy into the stock. Because his plan is to allow his followers to buy the stock and raise the price so that he can sell off his stock and get rich And then sell off all his stock and leave the company to fail.
If a lot of people buy a stock at the same time it artificially raises the stock prices. If you were call this happened when a bunch of People intentionally raised the price of Gamestop stock 22 screw over all of the hedge fund managers who were betting that the company would fail. All the wall street brokers lost money on gamestop But those who had bought it were able to sell the stock that they bought for a lot more than they bought it for in a lot of people who bought it made money. The problem with that is that anyone who was buying the stock thinking it would stay is valuable Lost money. That type of artificial price rising in stock always leads to a huge collapse.
Trump's plan is similar to that. He is pushing the company as something that his MAGA supporters should buy and support. He is telling them that the company is the future and will overtake twitter and facebook as the future of social media. What he's really doing is baiting them into buying the stock so that his own stock will be worth more. Then he's going to sell the sauce before it collapses like gamestop did, getting richer while his followers all are left holding a bunch of worthless stock and lose their life savings.