SEC clears Trump s social media deal worth as much as $10 billion streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
The U.S. Securities and Exchange
Commission on Thursday cleared the way for blank-check
acquisition company Digital World Acquisition Corp s
merger with former U.S. President Donald Trump s media.
U S regulators clear Trump s media firm deal with Digital World streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
The U.S. Securities and Exchange Commission allowed Donald Trump's media and technology company to merge with a blank-check acquisition vehicle in a deal that currently values the parent of his social media app Truth Social at as much as $10 billion. The valuation is about half that of Elon Musk's much more popular social media company X and follows two years of setbacks in the Trump company's quest to complete a stock market listing. It underscores how some investors, many of them fans of the f
The U.S. Securities and Exchange Commission allowed Donald Trump's media and technology company to merge with a blank-check acquisition vehicle in a deal that currently values the parent of his social media app Truth Social at as much as $10 billion. The valuation is about half that of Elon Musk's much more popular social media company X and follows two years of setbacks in the Trump company's quest to complete a stock market listing. It underscores how some investors, many of them fans of the former U.S. president, are ignoring Truth Social's losses and limited user base because of Trump's involvement.