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Trump Says Investors Will Invest $1 Billion in His Social Media Group
By Zachary Stieber
December 4, 2021 Updated: December 4, 2021
Former President Donald Trump has secured agreements from investors for $1 billion as he works to establish a social media platform to rival the Big Tech companies that deplatformed him.
Trump announced Saturday that the pledges from unnamed investors will turn into investments once Digital World Acquisition Corp., a blank-check firm, and the social media group known as Trump Media & Technology Group Corp. are combined.
The group plans to debut a platform called TRUTH Social in 2022.
“$1 billion sends an important message to Big Tech that censorship and political discrimination must end,” Trump, the chairman of the group, said in a statement.
https://www.theepochtimes.com/trump-says-investors-will-invest-1-billion-in-his-social-media-group_4139193.html