Trump Says He’s Launching His Own Social Media Network Called Truth Social

Trump Says He’s Launching His Own Social Media Network Called Truth Social
Donald Trump said that he’s launching a new social media service, Truth Social, through a newly formed company called Trump Media and Technology Corp.

Truth Social will have a nationwide rollout in the first quarter of 2022, with a beta launch next month, according to a press release.

According to the announcement, the company also intends a subscription video on demand service, Tmtg+, that will feature “non-woke” entertainment programming. There have been whispers about former President Donald Trump starting his own social media platform in the nine months since he was banned from Twitter.

The new company is being launched via a merger with Digital World Acquisition Corp., with Trump Media and Technology Corp. as a publicly listed company subject to regulatory and shareholder approval. Digital World is what is known as a special purpose acquisition company, which are set up for the sole purpose of merging with another entity for an initial public offering.
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