Filing Flows › Trump Media & Technology Group (DJT) › Takeover & LBO
Is Trump Media & Technology Group (DJT) a takeover target?
A leveraged buyout does not work for Trump Media & Technology Group on its latest figures: it has no positive EBITDA to borrow against (−$939M over the last 12 months, on revenue of $4.5M).
Why a leveraged buyout does not fit
A leveraged buyout is paid for mostly with debt that the company's own cash flow repays. Trump Media & Technology Group's EBITDA over the last 12 months was −$939M on revenue of $4.5M, so there is nothing to lend against and nothing to repay a loan with: a buyer would have to pay almost entirely with its own money. That is the kind of deal another company — a strategic buyer that wants the products, the pipeline or the technology — makes, not a private-equity fund. The model therefore gives no buyout price.
What a takeover could cost
Takeovers in its sector paid a median premium of 30% over the share price before the deal (the middle half 12% to 31%), according to the 14 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Trump Media & Technology Group would cost about $10.54 a share, $2.9B for all its shares.
| Premium | % | Price a share | All shares |
|---|---|---|---|
| Low end (a quarter of deals paid less) | 12% | $9.08 | $2.5B |
| Median | 30% | $10.54 | $2.9B |
| High end (a quarter paid more) | 31% | $10.62 | $2.9B |
Trump Media & Technology Group's latest quarter
Trump Media & Technology Group, Q2 2026: revenue $1.7M (+89% year over year), net loss $238M, operating cash flow −$31.6M. The chart follows the revenue to costs, profit and cash.
Questions
Is Trump Media & Technology Group being acquired?
No headline, 8-K or 13D about a sale is on file in the last year.
Could private equity buy Trump Media & Technology Group?
A leveraged buyout does not work for Trump Media & Technology Group on its latest figures: it has no positive EBITDA to borrow against (−$939M over the last 12 months, on revenue of $4.5M). With no cash flow to repay a loan, a buyer would pay almost entirely with its own money: a deal for another company (a strategic buyer), not for a private-equity fund.
What would a takeover of Trump Media & Technology Group cost?
Takeovers in its sector paid a median premium of 30% over the share price before the deal (the middle half 12% to 31%), according to the 14 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Trump Media & Technology Group would cost about $10.54 a share, $2.9B for all its shares.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.