Donald Trump’s Plan to Resurrect the Former President’s SPAC

The 45th US President is teaming up with a little-known company called Digital World Acquisition Corp.

Trump and his allies are betting that the new social media venture will capture the attention of his supporters — and their money.

Former President Donald Trump is planning to launch a new social media company called Truth Social, according to people familiar with the matter.

The company will be a subsidiary of Digital World Acquisition Corp., a special purpose acquisition company, or SPAC, that raised $293 million in a September initial public offering.

Trump has been banned from Twitter and Facebook since the Jan. 6 Capitol riot, and he has been looking for ways to reach his supporters ever since.

Truth Social will be a “rival to the liberal media consortium and fight back against the ‘Big Tech’ companies of Silicon Valley,” according to a statement from Trump Media & Technology Group, the parent company of Truth Social.

The company has not yet announced a launch date for Truth Social, but it is expected to be available in early 2022.

Trump’s involvement in Truth Social is likely to be a major draw for his supporters.

He has a large and loyal following, and many of them are eager to hear what he has to say.

However, it is unclear how successful Truth Social will be in the long run.

There are already a number of well-established social media platforms, and it will be difficult for Truth Social to compete with them.

Additionally, Trump has a history of making controversial statements, and this could alienate some potential users.

Despite these challenges, Truth Social could be a success if it can capture the attention of Trump’s supporters.

The company has a lot of potential, and it will be interesting to see how it develops in the coming months.