Trump Social Media Startup Receives $1 Billion From Investors

Donald Trump is stronger than ever
Our President has new social media group, Trump Media & Technology Group (TMTG), and it has huge success. TMTG and Digital World Acquisition Corp (DWAC) attracted the attention of investors. An unidentified group of investors donated $1 billion.
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DWAC committed $293 million to its partnership with TMTG. The total amount reached $1.25 billion.
“Truth Social” will launch early 2022. Are you excited?
Twitter and Facebook banned Trump right after the riots in the Capitol. Our dear President wants new social media users to be able to talk “without discrimination on the basis of political ideology.”
BREAKING: Trump's anti-Big Tech social media startup raises $1 billion from investorshttps://t.co/TfH3prs4sV
— Dinesh D'Souza (@DineshDSouza) December 4, 2021
From Post Millennial:
Trump Media & Technology Group Corp. (TMTG), former President Donald Trump’s social media group, and Digital World Acquisition Corp. (DWAC) announced Saturday they’ve received a commitment of $1 billion “PIPE” investment in committed capital from an unidentified “diverse group of institutional investors” to fund the digital media venture.
The transaction will provide estimated proceeds of approximately $1.25 billion, after deducting estimated deal expenses, to be used to fund operations.
TRUTH Social, which is TMTG’s forthcoming social media platform, will provide an outlet that “encourages open global conversation without discrimination on the basis of political ideology.” In addition, TMTG+, the company’s subscription-based video streaming service, is expected to include access to “non-woke” entertainment, news, documentaries, podcasts and more.
Former President Donald Trump's new social media venture Trump Media & Technology Group and Digital World Acquisition Corp. said it has entered into subscription agreements to raise about $1 billion from a group of investors.https://t.co/0c1SufaZO9
— Newsmax (@newsmax) December 5, 2021
Donald Trump’s new social media company and its special purpose acquisition company partner say investors have pledged $1 billion. The former president, who has been banned from Twitter, plans to launch a messaging app called "Truth Social." https://t.co/ytJBDH3kPI
— The Associated Press (@AP) December 4, 2021
Trump social media firm raises $1bn from investors https://t.co/d9hEYStjXm
— BBC News (World) (@BBCWorld) December 5, 2021
The BBC reported this:
The Trump Media & Technology Group is working to launch a social media app called Truth Social early next year.
It comes as Mr Trump remains banned from Twitter and Facebook following the attack on the US Capitol in January.
“$1bn sends an important message to Big Tech that censorship and political discrimination must end,” he said.
“As our balance sheet expands, Trump Media & Technology Group will be in a stronger position to fight back against the tyranny of Big Tech.”
Mr Trump announced plans to launch Truth Social earlier this year, saying it would allow conversation “without discrimination on the basis of political ideology”.
Donald J. Trump, Chairman of TMTG:
“$1 billion sends an important message to Big Tech that censorship and political discrimination must end. America is ready for TRUTH Social, a platform that will not discriminate on the basis of political ideology…”
— Benny (@bennyjohnson) December 4, 2021
👊🔥 Donald Trump says new social media company has raised $1bn https://t.co/N2PTpdXUxI
— Tammy Bruce (@HeyTammyBruce) December 5, 2021
$DWAC too the moon!
President Trumps Trump Technology and Media Group have announced they have secured $1 billion in institutional investor money.
Further, they will pay Rumble to promote Truth Social to their existing users. Rumble is also going public via SPAC $CFVI. pic.twitter.com/u0nxVqzUiz
— Derek Utley (@realDerekUtley) December 5, 2021
Trump Media & Technology Group now has $1B in investor capital. Plans for a new messaging app called "Truth Social" will soon rival Twitter and the other social media platforms that banned President Trump.
— Noble Road (@noble_road) December 5, 2021
What do you think?
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Source: WeLoveTrump