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Trump 'tried to sell Truth Social to Musk' as SPAC deal stalled (www.theregister.com)
submitted 8 months ago by ZeroCool@beehaw.org to c/technology@beehaw.org
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[-] Neato@ttrpg.network 50 points 8 months ago

Feb 15 (Reuters) - The U.S. Securities and Exchange Commission allowed Donald Trump's media and technology company to merge with a blank-check acquisition vehicle in a deal that currently values the parent of his social media app Truth Social at as much as $10 billion.

So someone is essentially gifting Trump billions for a "merger".

this post was submitted on 13 Mar 2024
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