If You Invested $1,000 In Meta Platforms Stock When Donald Trump Said Facebook Was Always Anti-Trump, Here's How Much You'd Have Today

Zinger Key Points
  • Donald Trump was banned from several social media platforms in January 2021.
  • A social media platform was previous targeted by Trump and accused of showing favortism against him.

Former President Donald Trump has one of the most followed accounts on Twitter, now known as X, with more than 80 million followers.

Over the years, Trump has used the social media platform to lash out at individuals and companies. Here’s a look back at Trump's attack against one of the world's leading tech giants.

What Happened: Trump has had a love-hate relationship with many social networks, with multiple platforms banning him in January 2021 after the actions that took place at the U.S. Capitol.

Before those events happened, Trump was also known to put social media platforms on blast for potentially censoring him or favoring other candidates.

On Sept. 27, 2017, Trump took to Twitter to share his thoughts on several media companies and social media giant Facebook, which is owned by Meta Platforms META.

“Facebook was always anti-Trump. The Networks were always anti-Trump, hence, Fake News, @nytimes (apologized) & @WaPo were anti-Trump. Collusion?” the tweet read.

The tweet tagged the New York Times and most likely mis-tagged the Washington Post.

On the same day, Trump would go on to say that while the media was anti-Trump, the people were pro-Trump.

“Virtually no President has accomplished what we have accomplished in the first 9 months-and economy roaring.”

The tweets from Trump prompted a response from Meta Platforms CEO Mark Zuckerberg.

“Trump says Facebook is against him. Liberals say we helped Trump. Both sides are upset about ideas and content they don’t like. That’s what running a platform for all ideas looks like,” Zuckerberg said.

Zuckerberg went on to say that more people had a voice in the 2016 election than ever before, with it being the first U.S. presidential election that saw candidates utilize the internet as a primary tool for communication.

The posts from Trump wouldn’t be the last time he would make accusations. In October 2017, he lashed out at Facebook once again.

“Crooked Hillary Clinton spent hundreds of millions of dollars more on Presidential Election than I did. Facebook was on her side, not mine!” Trump tweeted on Oct. 21, 2017.

Trump was banned by Facebook and Instagram in January 2021 and was welcomed back to the platforms two years later in February 2023. He was also welcomed back to Twitter thanks to the purchase of the platform by Elon Musk.

Since his reinstatement on Twitter, now known as X, the former president has tweeted just once. Meanwhile, after regaining access to Facebook, Trump has been notably active, engaging with his roughly 34 million followers.

Related Link: Trump's Back On Facebook And Instagram 

Investing $1,000 in Meta Platforms Stock: Although Trump has arguably had valid points when critiquing companies on certain occasions, many of them experience periods of continued growth following his remarks.

Benzinga previously shared that investing in Apple, Amazon and Bitcoin after Trump's critical posts about each one ended up being winning investments.

The same can be said for an investment in Meta Platforms.

An investor could have purchased 6.03 shares of Meta Platforms for $1,000 at the open on Sept. 27, 2017, after Trump’s first tweet. The $1,000 investment would be worth $1,886.55 today.

This represents a gain of 88.7% over the last six years.

For comparison, the same $1,000 invested in the SPDR S&P 500 ETF Trust, which tracks the S&P 500 Index, would be up 70.8% and worth $1,708.00 today.

This means an investment in Meta Platforms when Trump criticized the company for being anti-Trump outperformed the broader U.S. stock market.

Read Next: If You Invested $1,000 In Trump NFTs, Here's How Much You'd Have Today 

Photo: Shutterstock

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