Thursday, 31 Oct 2024

Trump social media company claims to raise $1bn from investors

Trump social media company claims to raise $1bn from investors


Trump social media company claims to raise $1bn from investors
1.7 k views

The former president launched Trump Media & Technology Group (TMTG) in October. He unveiled plans for a new messaging app called Truth Social, meant to rival Twitter and the other social media platforms that banned him following the deadly attack on the US Capitol on 6 January.

Digital World said in the release that the $1bn is above the $293m (minus expenses) that it may invest.

Trump is listed as chair of TMTG. He will get tens of millions in special bonus shares if the combined company performs well, handing the former president possibly billions of dollars in paper wealth.

you may also like

Delta Air Lines Flight from Las Vegas to New York Makes Emergency Landing Today Due to Cockpit Fumes
  • by travelandtourworld
  • descember 09, 2016
Delta Air Lines Flight from Las Vegas to New York Makes Emergency Landing Today Due to Cockpit Fumes

A Delta Air Lines flight bound for New York City from Las Vegas made an emergency landing shortly after takeoff on October 29, 2024, due to fumes in the cockpit. Flight DL2133, originating from Harry Reid International Airport (LAS) in Las Vegas and destined for LaGuardia Airport (LGA) in New York, reported an issue within minutes of departure, leading the crew to declare an emergency and return to the Las Vegas airport for a safe landing.

read more