Truth Social, the social media app from Trump Media, could potentially attain a valuation exceeding $5 (£3.96) billion. Digital World Acquisition Corp. investors have greenlit a merger agreement with Donald Trump’s company. Trump’s Truth Social, despite ongoing financial losses, is poised to integrate into a publicly traded entity. After lengthy delays, the merger has ultimately … Read more
On Saturday, Trump told his numerous online followers, “I love Truth Social.” However, there might be a disconnect between Trump’s enthusiasm and the feelings of shareholders as the company that recently merged with Truth Social saw a significant drop in its stock price the day before. Digital World Acquisition Corp., a shell company, saw its … Read more
Last summer, former President Donald Trump reportedly asked Elon Musk whether the billionaire would entertain the idea of acquiring his social network, Truth Social, as reported by two individuals familiar with the conversation. Much to Trump’s chagrin, the initial approach to Musk, whose expansive business portfolio encompasses Tesla, SpaceX, xAI and social networking site X, … Read more
Former President Donald Trump, changing his tune about TikTok, has opposed a bipartisan bill that would ban the Chinese short-form video-sharing platform. Taking to Truth Social last week, Trump condemned a measure that aims at banning TikTok. “If you get rid of TikTok, Facebook and Zuckerschmuck will double their business,” Trump posted on his social … Read more
