Sunday, December 5, 2021

Trump Social Media Startup Receives $1 Billion From Investors

Look out Big Tech.

President Donald Trump‘s new social media group,Trump Media & Technology Group (TMTG), along with Digital World Acquisition Corp (DWAC) announced that they have recieved a commitment of $1 billion in donations from an unidentified group of investors.

DWAC is committing $293 million to the partnership with TMTG, bringing the total amount to roughly $1.25 billion.

The new social media platform is called “Truth Social,” and is expected to launch in early 2022.

 More @ WLT

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