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The Guardian - US
The Guardian - US
World
Callum Jones in New York

Trump’s Truth Social valued at nearly $8bn as it goes public in New York

Truth Social New-York Donald Trump Trump Media DJT Nasdaq Digital World SPAC
a man in a blue suit and red tie stands
Donald Trump in West Palm Beach, Florida, on Sunday. Photograph: Marco Bello/Reuters

The firm behind Donald Trump’s Truth Social went public on Tuesday at a price that values the minnow social network at close to $8bn.

Shares in Digital World Acquisition, the shell company with which Trump’s social media business has merged, have been surging since the turn of the year.

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