Trump could net $3bn after investors approve Truth Social to go public
Plan approved by vote of shareholders in Digital World Acquisition, with which Trump’s business sought to combineExplainer – How does Trump stand to make $3bn from Truth Social on the market?Investors approved plans to take Donald Trump’s social media platform public on Friday, netting the former president a paper fortune of $3bn.Trump Media & Technology, the firm behind his minnow social network Truth Social, has spent years fighting to land on the stock market via a so-called “blank check” merger with a shell company. Continue reading...
Plan approved by vote of shareholders in Digital World Acquisition, with which Trump’s business sought to combine
Investors approved plans to take Donald Trump’s social media platform public on Friday, netting the former president a paper fortune of $3bn.
Trump Media & Technology, the firm behind his minnow social network Truth Social, has spent years fighting to land on the stock market via a so-called “blank check” merger with a shell company. Continue reading...
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