Trump's Massive Truth Social Windfall
He's suddenly a billionaire after all.
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He's suddenly a billionaire after all.
Trump Media & Technology Group, the media company of former president Donald J. Trump and owner of social media network Truth Social, said it completed its merger with Digital World Acquisition Corp. and is set to begin trading under the ticker "DJT" Tuesday.
The board members, including Donald Trump’s son and former cabinet members, will make a key decision.
The deal gives the parent company of Truth Social more than $275 million of much-needed capital, and provides a windfall on paper for Trump as he faces a mounting series of legal and financial woes.
Shares of Trump Media & Technology Group Corp. opened its first trading day up.