The Verge got its hands on one of the T1 Phone handsets last month, and concluded that it “sure looks a lot like an HTC U24”, a handset that came out in 2024.

Exactly what company is manufacturing the Trump phone is unclear, as neither HTC nor Trump Mobile would give an answer to The Verge. Trump Mobile has previously confirmed that its phones have final assembly in the U.S. but originate overseas.

For buyers, the shipment update means the T1 may finally move from political merch concept to shipped consumer product.

For TRUMP holders, the 5% drop suggests the market is treating the phone less like a catalyst and more like another Trump-branded product trying to prove there is still demand after the first wave of hype.

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U.S. President Donald Trump and China's President Xi Jinping (Thomas Peter-Pool/Getty Images)

Chinese President Xi Jinping warned Donald Trump of potential conflict over Taiwan during the first U.S. presidential visit to China in nearly a decade.

What to know:

  • Bitcoin fell below its recent $80,000 floor to about $79,200 as back-to-back upside inflation surprises and renewed geopolitical tension over Taiwan hit risk sentiment.
  • Major cryptocurrencies broadly declined, with Solana leading losses and only Dogecoin posting a modest gain, while traders watch $78,000 as the next key support level for…

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