
Former President Donald Trump is on the verge of a significant windfall as his social media platform, Truth Social, prepares to go public through a merger with a blank-check company. If approved by shareholders, Trump could own a dominant stake in the new public company, valued at over $3 billion at current market prices.
However, experts caution that this windfall may not alleviate Trump's financial woes. He faces a looming deadline to post a $464 million bond in a civil fraud case in New York, with potential risks of asset seizure if he fails to comply.