Trump-supporting Newsmax Network sends shockwaves through Wall Street with explosive 700% stock surge on opening day. This historic market debut has catapulted the conservative cable network’s valuation beyond $7 billion as patriotic investors flock to the media company that gives voice to America First values.
MAGA Investors Rally Behind Conservative Media Powerhouse
Newsmax shattered expectations by raising $75 million through its Initial Public Offering (IPO) priced at $10 per share. The overwhelming demand from individual investors, particularly Trump supporters, drove the remarkable 700% price surge, demonstrating the financial power of the conservative movement in America.
The company successfully sold 7.5 million Class B shares, building on the momentum of a $225 million private preferred offering completed in February. This successful market entry defies recent trends of rare IPOs due to market volatility, showcasing the network’s strong appeal despite establishment media’s constant criticism of conservative platforms.
NewsMax stock went up 700% on its IPO today. Wild. But I do think this is a reflection of lots of optimism for “conservative,” ie not batshit crazy left wing, media companies. Fox is also near an all time high stock price too. pic.twitter.com/5pUzCvhXNh
— Clay Travis (@ClayTravis) March 31, 2025
Growing Conservative Media Alternative Challenges Liberal Giants
Founded by Chris Ruddy, a longtime friend of President Donald Trump, Newsmax has steadily grown from a digital publication to become America’s fourth-ranked cable news network. The self-described “center-right” outlet has captured a loyal audience seeking alternatives to mainstream media’s increasingly liberal slant, positioning itself as a vital voice for traditional values and America First policies.
The network reported impressive revenue of nearly $80 million for the first half of 2024, primarily generated through advertising. Despite not yet achieving profitability, investors clearly see tremendous growth potential in the network that consistently provides fair coverage of President Trump and conservative viewpoints that are often censored or misrepresented by legacy media outlets.
🚀 $NMAX Skyrockets 500%+ in NYSE Debut!
Conservative news giant Newsmax ($NMAX) made a spectacular public debut today, opening at $14 (priced at $10) and soaring to $76.74—a 667% intraday surge! 📈
– Raised $75M by selling 7.5M shares
– Valuation hits $8B—2x $DJT (Trump… pic.twitter.com/RN7QkbdAQa
— FinsightAI (@FinsightAI_) March 31, 2025
Liberal Lawfare Continues Against Conservative Media
Like many conservative voices, Newsmax has faced legal challenges from voting technology firms over 2020 election coverage. The network recently settled with Smartmatic for $40 million, though many conservatives view such lawsuits as part of the broader effort to silence questioning of election irregularities.
SHORT REPORT:
Have you guys seen $NMAX? Up 1,293% since its IPO two days ago…
Why? Who? What? Newsmax—a right-wing cable news network—just listed two days ago.
Not gonna get political here, just saying: this thing is more overpriced than a Tulum double tequila soda. pic.twitter.com/hJVtp6Iin9
— VHLA Media (@vhlamedia) April 2, 2025
Despite these obstacles, Newsmax continues gaining ground against liberal media giants Fox News, CNN, and MSNBC. The spectacular market debut proves that millions of Americans are hungry for truthful reporting that respects traditional values and isn’t afraid to challenge the Washington establishment’s preferred narratives.
Sources:
Donald Trump-Aligned Cable TV Network Newsmax Skyrockets In IPO; Shares Up More Than 700%
Newsmax: Trump-endorsed news outlet sees 2,200% share surge