Analytics

Trump’s Social Media Company Approved to Go Public, Potentially Netting Former President Billions

Associated Press reports Donald Trump is returning to the stock market, and the former president stands to reap a sizeable payout in the process.
Trump’s Social Media Company Approved to Go Public, Potentially Netting Former President Billions
Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the Trump’s media business in a Friday vote. That means Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will soon begin trading on the Nasdaq stock market. Trump is set to own most of the combined company... ...

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