Former President Trump to Launch New Social Media Platform

Through a SPAC deal, the former president of the United States, Donald Trump, is launching his own social media network to “stand up to the tyranny of Big Tech.”

The app looks like the first project of the Trump Media and Technology Group (TMTG), which will list on the Nasdaq through a merger with Digital World Acquisition Group.

The transaction values TMTG at up to $1.7 billion, according to a tweet by spokeswoman Liz Harrington.

Donald Trump announced Wednesday he will be launching his very own media network, including a social media platform called “TRUTH Social.”

The new company, which lists Trump’s private membership club Mar-A-Lago as its address, will be chaired by the former president, who says that this “group’s mission is to create a rival to the
liberal media consortium.”

“We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American president has been silenced,” Trump said.

According to the press release, TRUTH Social is currently available for pre-order in the Apple App store, and a beta version will be available to invited guests starting in November 2021. A nationwide rollout is expected in the first quarter of 2022, the release added.

The release also said that TMTG intends to launch a subscription video-on-demand service which would would feature “non-woke” entertainment programming, news and podcasts.

For those who register online to receive emails from TMTG, the terms of service require that users sign away their right to file a class action.

Disclaimer: We have no position in any of the companies mentioned and have not been compensated for this article.