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International Business Times UK
International Business Times UK
Vinay Patel

Potential Valuation of Trump's Truth Social Exceeds $5 Billion Despite Limited Engagement

Trump's media venture: A billion-dollar gamble (Credit: Reuters)

Truth Social, the social media app from Trump Media, could potentially attain a valuation exceeding $5 (£3.96) billion. Digital World Acquisition Corp. investors have greenlit a merger agreement with Donald Trump's company.

Trump's Truth Social, despite ongoing financial losses, is poised to integrate into a publicly traded entity. After lengthy delays, the merger has ultimately received approval.

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