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Trump set to cash in as shares in his media platform Truth Social soar
Former US President Donald Trump looks set to cash in on significant windfall revenue as shares in his social platform soar on the stock market.
Former US President Donald Trump looks set to cash in on significant windfall revenue as shares in his social platform soar on the stock market. The move to go public came after shareholders of Digital World Acquisition Corp voted to merge with Trump Media, which runs Truth Social, meaning the latter company took the former firm's place on the stock market. In a recent regulatory filing, the company also disclosed that it expected to lose money on its operations "for the foreseeable future", and cited Mr Trump as a potential risk factor.
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