Trump’s Truth Social deal turns grievance into a stock-market product
Trump Media and Technology Group entered into a merger agreement with Digital World Acquisition Corp. on October 20, 2021, the paperwork step that turned Trump’s post-presidency media play into a public-market vehicle. The deal was sold as an anti-Big Tech insurgency, but it also turned the former president’s name, attention, and political following into the core asset. That is not just branding; it is a business model with a giant conflict-of-interest shadow hanging over it.
First recorded Oct 20, 2021·Meaningfully updated Oct 20, 2021
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Trump’s Truth Social deal turns grievance into a stock-market product
Trump Media and Technology Group entered into a merger agreement with Digital World Acquisition Corp. on October 20, 2021, the paperwork step that turned Trump’s post-presidency media play into a public-market vehicle. The deal was sold as an anti-Big Tech insurgency, but it also turned the former president’s name, attention, and political following into the core asset. That is not just branding; it is a business model with a giant conflict-of-interest shadow hanging over it.
Trump Media and Technology Group entered into a merger agreement with Digital World Acquisition Corp. on October 20, 2021, the paperwork step that turned Trump’s post-presidency media play into a public-market vehicle. The deal was sold as an anti-Big Tech insurgency, but it also turned the former president’s name, attention, and political following into the core asset. That is not just branding; it is a business mo…
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