Trump’s social media company to go public, potentially netting the former president stock worth billions on paper

Associated Press

March 22, 2024 / 09:35 PM IST

Donald Trump

Donald Trump

Donald Trump is returning to the stock market. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the former president’s media business in a Friday vote.

That means Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will soon begin trading on the Nasdaq stock market.

Story continues below Advertisement

This post was originally published on this site