Look out Big Tech.
President Donald Trump‘s new social media group,Trump Media & Technology Group (TMTG), along with Digital World Acquisition Corp (DWAC) announced that they have recieved a commitment of $1 billion in donations from an unidentified group of investors.
DWAC is committing $293 million to the partnership with TMTG, bringing the total amount to roughly $1.25 billion.
The new social media platform is called “Truth Social,” and is expected to launch in early 2022.
President Trump has been banned from both Twitter and Facbook since January, and says he wishes to allow social media users the ability to have conversations “without discrimination on the basis of political ideology”.
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