Home » Economy » Donald Trump raised a billion dollars to create his own social network – Publimetro Chile

Donald Trump raised a billion dollars to create his own social network – Publimetro Chile

The tycoon of the USA, Donald Trump, wants to create a new social platformas it remains with its accounts of Facebook, Twitter and Instagram blocked since the beginning of this year.

Trump had announced at the end of October that the company in charge of running his future platform would merge with Digital World Acquisition Corp, an acquisition company with a specific vocation (or “Spac” in English).

And during these days they affirmed that a group of institutional investors committed themselves to contribute 1,000 million dollars to this new company, so that they would finally merge to be able to enter the Stock Market.

This amount of money would be added to the 293 million dollars already recovered by the “Spac” Digital World Acquisition Corp, after its arrival on Wall Street in September, details a company statement.

The names of the investors in this new acquisition of the tycoon are still unknownIt is only known by the business world that a fashionable social network is a safe tab these days, because it raises funds on the Stock Market. So it could be a promising company.

The name of the future platform would be: “Truth Social” (Verdad Social) ”, And according to the former president it will be an alternative to the most popular networks such as Facebook, Twitter and YouTube, of which he is blocked for having incited his supporters to attack the Capitol on January 6.

This new app now available for per-order on the App Store, and according to theories it will be released in the first quarter of 2022.

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