Article 6KM7K Trump’s Truth Social valued at nearly $8bn as it goes public in New York

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

by
Callum Jones in New York
from US news | The Guardian on (#6KM7K)

Trump Media & Technology trading on Nasdaq under DJT' ticker, using Trump's initials and closing up 15% after first day of trading

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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