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Trump Media explores spinning off Truth Social into a separate public company, possibly merging with Texas Ventures, pending final decisions.
Trump Media & Technology Group is exploring a spin-off of its Truth Social platform into a separate publicly traded company, potentially merging it with Texas Ventures Acquisition III.
The move, part of a broader strategic review, would follow the completion of its planned $6 billion merger with fusion energy firm TAE Technologies.
Existing TMTG shareholders would receive shares in the new entity, but no final agreement has been reached.
The company emphasized the plan remains under discussion and subject to change.
The announcement came amid ongoing scrutiny of Truth Social’s financial performance and growth.
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Trump Media explora la escisión de Truth Social en una compañía pública separada, posiblemente fusionándose con Texas Ventures, en espera de decisiones finales.