With New York about to steal 300+ million from Trump this probably comes as welcome ruling!
Donald Trump just made $4 BILLION on Truth Social. Amazing. Takes the sting out of Engoron.
— Bill Mitchell (@mitchellvii) February 16, 2024
🚨#BREAKING: The SEC has approved the merger of $DWAC and Truth Social. Former President Donald Trump is expected to profit almost 4 BILLION dollars given his 58% stake in the company and the current stock price.
The leftists trying to bankrupt Trump are in shambles. pic.twitter.com/m6ulFTCoP3
— MAGA MAN 🇺🇸 (@MAGAMAN614) February 16, 2024
🚀🚀🚀🚀🚀🚀🚀#DWAC #Trump $DWAC
TRUMP STOCK MOVING 🚀 t.co/15WRvyW6bW pic.twitter.com/GEW7raOt97— FreedomFightersDaughter🇺🇸 (@FrdmFghtrskid) February 15, 2024
(Reuters) – 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.
www.msn.com/en-us/money/companies/sec-clears-trumps-social-media-deal-worth-as-much-as-10-billion/ar-BB1ilykz
h/t OriginalGangsta