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$1bn raised for Trump Social Media

The Trump Media & Technology Group is working to launch a social media app called Truth Social early next year. It comes as Mr Trump remains banned from Twitter and Facebook following the attack on the US Capitol in January. Mr Trump announced plans to launch Truth Social earlier this year, saying it would allow conversation “without discrimination on the basis of political ideology”. The Trump Media & Technology Group has partnered with Digital World Acquisition, a blank-check acquisition firm, on the venture. Donald Trump’s new social media venture says it has raised $1bn (£755m) from investors ahead of a planned stock market listing. D you think that Trump is preparing himself for next presidential race through the application ?

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