LogFAQs > #979506007

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TopicTruth Social goes public; Trump set to net billions
thisworld
03/22/24 12:55:03 PM
#15:


ssb_yunglink2 posted...
yeah where the fuck is the value? Literally the only reason i know that people care about it Trump posts. Thats not worth billions of dollars
It's a merger. Unless I read it wrong the 3b comes mostly from DWA Corp., not Truth Social.

Truth Social is going public. In a Friday vote, the social media companys blank-check funding partner Digital World Acquisition Corp. approved a merger with Trump Media & Technology Group.

Given the current stock market value of Digital World Acquisition Corp., the combination of the two companies could net Trump a staggering $3.6 billion in shareholder value.
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