Tag Archives: Truth Social

In a significant development, Donald Trump's social media company, Truth Social, is poised to go public after Digital World Acquisition Corporation (DWAC) shareholders approved a merger with Trump Media & Technology Group, the parent company of Truth Social. With Trump holding 58.1% of the stock and DWAC's per-share value standing at $40, the former President could potentially earn nearly $3 billion from this deal.

Former US President Donald Trump reportedly approached SpaceX and Tesla CEO Elon Musk last summer about purchasing his social media platform, Truth Social, according to a report from the Washington Post. Despite discussions between the two influential figures, the proposal did not result in a deal.