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| Good morning, Daily Money friends, it's Nathan wishing you a happy Thursday! |
| 📱 Former President Donald Trump says he's launching a new social media service in 2022. |
| Politics aside, I'll say this: The hurdles to building a popular social media app from scratch are tremendous for anyone. And the ones that do succeed, like Snapchat and TikTok, tend to grow organically. It's hard to force it. |
| Don't forget: Facebook started in Mark Zuckerberg's dorm room. (And a few other people's. But that's another story.) |
| Trump, of course, has one big thing on his side: a committed base of followers, many of whom have expressed disdain for Facebook and Twitter. Let's see if they follow him onto the new service, which will be called TRUTH Social. |
| 💰 The Daily Money is USA TODAY's Monday-through-Friday-morning roundup of all things personal finance, business and tech. If this email was forwarded to you or if you found it online, you can subscribe for free here! |
| On to our ... |
| 💡 INSIGHT OF THE DAY: Elon Musk is worth an estimated $222 billion today, according to Bloomberg. But some experts believe that if SpaceX takes off in commercial value, he could one day become the world's first trillionaire. |
| 📰 And here are more stories you won't want to miss: |
| 1. Shop early: Here's how shipping challenges are poised to affect the holiday shopping season. |
| 2. Where are the cars? If you missed our Elio Motors investigation, here's a free roundup of the subscriber-only coverage. |
| 3. Think you can't afford to buy a home? You might be able to if you consider these options. |
| 4. Still using Facebook? Here are three ways to make sure it's not listening. |
| 5. I hope you've already had breakfast: The CDC has tracked a salmonella outbreak to fresh whole onions. |
| Why would you eat onions anyway? |
| --@NathanBomey |
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