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The Latest Breaking News from Trump Media

Potential Valuation of Trump's Truth Social Exceeds $5 Billion Despite Limited Engagement

Despite losses, Trump's Truth Social could be valued at $5.7 (£4.51) billion, boosting his net worth by $4 (£3.16) billion.

International Business Times UK

Trump Media's Truth Social Stock Debut Raises Investor Concerns

Trump Media & Technology Group Corp. debuts on Nasdaq with Truth Social platform, facing financial challenges and uncertainties.

Top News

GOP donor linked to Truth Social deal

Jeff Yass, a TikTok shareholder, was biggest institutional shareholder in company that merged with Trump Media

Salon

Trump Endorses Truth Social Amid DWAC Stock Plunge: A Tale of Social Media Merger Drama

Former President Trump's media venture, Truth Social, faces financial losses amid legal battles, set to debut on NASDAQ soon

International Business Times UK

Will Trump lose property if he can’t pay $464m in New York’s fraud ruling?

Trump faces a Monday deadline to pay $545m bond, and the New York attorney general says she is prepared to seize assets.

Al Jazeera

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Trump's Truth Social deal won't save him

Trump is barred from selling shares for six months — and could only sell a small fraction if he's given a waiver

Salon

DWAC Stock Rebounds After Trump Merger. Trump Media To Trade Tuesday Under DJT Ticker.

DWAC shareholders approved the Trump Media & Technology Group merger Friday.

Investors Business Daily

Trump is on the verge of a windfall of billions of dollars. Here are 3 things to know

The company behind Trump's Truth Social is going public. It could earn the former president billions of dollars at a time when he faces mounting legal problems.

WEKU

Trump Media Merger With Digital World Approaches Nasdaq Debut

Explore the potential return of former President Donald Trump to the stock market through a merger with Truth Social and Digital World Acquisition Corp.

Top News

How does Trump stand to make $3bn from Truth Social being listed on the market?

The company – which has only raised $5m since 2021 – benefits from meme stock status, valued not for revenue but for clicks

The Guardian - US

Donald Trump to make $3.4bn if shareholders back plan to float Trump Media

Ex-US president planning to list Trump Media & Technology Group if merger with special purpose acquisition company goes ahead

The Guardian - UK

Donald Trump Needs Cash. DWAC To Vote On Trump Media Merger This Week.

DWAC shareholders are scheduled to vote on Trump Media & Technology Group merger on Friday.

Investors Business Daily

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International Business Times UK

Trump Approached Elon Musk About Truth Social Acquisition, Here's How The Proposal Unfolded

Trump reportedly proposed a Truth Social sale to Musk, revealing their behind-the-scenes interactions and contrasting views on social media.

International Business Times

Trump Media Co-Founders Sue Company

The move comes at a time as Trump Media & Technology Group, which operates Truth Social, eyes a lucrative merger with Digital World Acquisition.

The Guardian - US

Trump’s Truth Social platform faces uncertain future as key test looms

Former president’s social media platform is asking shareholders in Digital World for another year to complete merger

The Independent UK

Truth Social’s merger partner reaches $18m settlement with SEC

News of the settlement comes after three people involved in the merger between Donald Trump’s Truth Social and Digital World Acquisition Corp were indicted for insider trading

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The Independent UK

Trump Media investors charged in $22m insider trading case

Federal indictment unsealed in Manhattan federal court

The Independent UK

Trump Media files $3.78bn defamation lawsuit against Washington Post over Truth Social reporting

Trump’s latest defamation lawsuit comes after his investment in struggling Truth Social platform saw his net wealth fall by $700m in the past year

Reason

Devin Nunes Sues for Libel Over "Investigators Examined Trump Media for Possible Money Laundering" Article

This is Nunes' latest libel lawsuit, just filed yesterday in Florida state court; I'm too slammed to write about it in detail, but I thought I'd pass along the Complaint (Nunes v. Guardian News & Media Ltd.). Here's the start of the Statement of Material Facts: 11. On March 15,…

Investors Business Daily

DWAC Stock Jumps After Donald Trump Indictment

A Manhattan grand jury indicted Donald Trump and DWAC surged on the news.

The Guardian - UK

First Thing: Markets on alert after US banks join forces to rescue First Republic

Global shares rise as $30bn lifeline for US bank eases fears of imminent collapse. Plus, a 5,000-mile stinking blob of seaweed heads to Florida

The Guardian - US

Trump Media executives worried over murky $8m loans, emails reveal

Exclusive: financing with suspected Russian ties came at a critical time as company was running out of cash after a planned merger

Salon

DOJ probed Trump Media loans: report

"If you trace the beneficiaries back you get to the nephew of a Putin ally," says Guardian reporter Hugo Lowell

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