McDonald’s inventory went up 200% following a go to by former President Donald Trump to shoot a photograph op at one of many firm’s restaurant areas.
A rumor that fast-food chain McDonald’s skilled a surge in inventory costs following a marketing campaign go to by former U.S. President Donald Trump circulated on-line in October 2024.
The SpaceX Fanclub Facebook page posted a picture of Trump manning the fry station at a McDonald’s restaurant with the caption “McDonald’s shares skyrocket 200%. ‘Making McDonald’s nice once more.'”
(SpaceX Fanclub Fb web page)
The submit linked to an article on the web site Esspots, which elaborated on the declare with an alleged remark from the corporate.
McDonald’s executives, who have been nonetheless selecting their jaws up off the ground after witnessing the corporate’s inventory value surge quicker than a drive-thru order on a sluggish Tuesday evening, could not consider the meteoric rise. “I believe we have lastly discovered our new advertising technique,” mentioned a McDonald’s spokesperson. “Overlook superstar endorsements or TikTok influencers—we’re fascinated by giving Trump a everlasting fry place. Heck, we’ll even rename the Huge Mac to the Trump Tower Particular if this retains up.”
One person shared the rumor on social media and said, “I TOLD YOU EVERYTHING HE TOUCHES TURNS TO $$.” One other left a remark that mentioned, “I am not a McDonald’s fan by any means. However I am glad he did it cuz the left is all hung up on their BS now.”
Although some readers appeared to simply accept the rumor as truth, there was no proof that McDonald’s inventory costs surged after Trump’s photograph op went viral, nor did any reputable outlets report as a lot. The truth is, the alternative is true.
In response to Newsweek, McDonald’s inventory dropped following Trump’s go to, although a cited professional mentioned, “This was an remoted incident at one of many restaurant chain’s areas and wasn’t part of a enterprise relationship between the corporate and Trump … The broader market was down right this moment, as nicely, that means McDonald’s acquired dragged down with a lot of the different client shares.”
(Google)
Quite, the declare about McDonald’s inventory rising originated with the article posted by Esspots — an internet site that described its output as being humorous or satirical in nature, and a part of the identical community because the SpaceX Fanclub Fb web page. Esspots’ “About Us” web page states:
Welcome to the US web page of Esspots (A Subsidiary of SpaceXMania.com specializing in Satire and Parody Information), your one-stop vacation spot for satirical information and commentary about the US of America. Our crew of writers and editors is devoted to bringing you the newest and biggest in faux information and absurdity, all with a wholesome dose of humor and satire.
The Esspots article was additionally labeled as satire, as was the picture within the SpaceX Fanclub Fb submit. SpaceX Fanclub additionally described itself as a “Satire/parody” account.
The fictional story unfold following a extremely publicized Trump campaign stop at a McDonald’s restaurant in Pennsylvania, which additionally allegedly spurred the corporate to make a statement about its political affiliation. Trump’s opponent within the 2024 U.S. election, Vice President Kamala Harris, was additionally featured in headlines regarding McDonald’s after claiming she was employed there in the 1980s.
Snopes has addressed different satirical claims from the SpaceXMania community up to now, together with the assertions that Elon Musk pulled a television show from ABC, Taylor Swift was banned from country music for endorsing Kamala Harris, and Musk donated $5 billion to the Trump campaign.
For background, right here is why we alert readers to rumors created by sources that decision their output humorous or satirical.
