Home Startups Trump social media group raises $1 billion from undisclosed investors

Trump social media group raises $1 billion from undisclosed investors

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It’s is in news that Donald Trump’s social media startup “TRUTH SOCIAL” raised $1 billion in new investment as initial public offering via blank check company.

This new sum of investment will be in the addition to $293 million funds. Everything is done under the banner of Trump Media & Technology Group Corp. (TMTG) and Digital World Acquisition Corp.

As per the report they are going to launch the new app early next year.

Trump said that his company will be an alternative to silicon valley companies that he says are biased against him and other conservative voices. Major social media platforms Facebook, twitter & YouTube blocked his account on several occasions.

Donald Trump new Social media App

“America is ready for TRUTH Social, a platform that will not discriminate on the basis of political ideology,” Trump said in a statement.

As per Twitter’s blog you can see the permanent suspension of Donald Trump twitter handle: https://blog.twitter.com/en_us/topics/company/2020/suspension

Truth social app website is live anyone can visit the website and pre order the app on Apple app Store. Waiting list is also on, you can submit the form to join the waiting list to use the new social media platform by Donald Trump.

After signing up for the waiting list you got option to share this website on Facebook and Twitter that looks like Sarcasm.

As per rumours this app will lookalike twitter and functionalities may be much similar like facebook and twitter.

However, it will be interesting to see the new social media platform and how it can dominate the social media industry.

That’s all for today, you can revisit our website for all business and startup news.

Share your thoughts about TRUTH SOCIAL App in comments.

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