Trump's cash troubles: Donald Trump's social media platform, Truth Social, will most likely be approved today to be publicly traded on Wall Street (stock ticker: DJT). "Shareholders of Digital World Acquisition Corp., a publicly traded shell company that is looking to merge with the former president's media business," will be voting on the deal, which would possibly "open the door for Trump Media & Technology Group, whose flagship product is the social networking site Truth Social, to soon begin trading on the Nasdaq stock market in Digital World's place," per the Associated Press.
If the deal goes through, Trump's payout could be over $3 billion, but the infusion of cash would not hit soon enough to help him with campaign expenses or to settle up his legal debts in time—one of the terms of the deal involves a "lock up agreement" that would prevent the selling of shares that were recently issued for six months.
