Trump media partner says it has lined up $1B in capital

Posted Monday, December 6, 2021 10:10 am

Staff | The Associated Press

Donald Trump’s new social media company and its special purpose acquisition company partner say the partner has agreements for $1 billion in capital from institutional investors.

The former president launched his new company, Trump Media & Technology Group, in October. He unveiled plans for a new messaging app called “Truth Social” to rival Twitter and the other social media platforms that banned him following the Jan. 6 insurrection at the U.S. Capitol.

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Trump media partner says it has lined up $1B in capital

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