• News Categories
    ▼
    • Surveillance & Technology
    • U.S. News & Reports
    • International News
    • Finance
    • Defense & Security
    • Politics
    • Videos
  • Blog
  • Directory
  • Support Us
  • About
  • Contact

T-Room

The Best in Alternative News

  • News Categories
    • Surveillance & Technology
    • U.S. News & Reports
    • International News
    • Finance
    • Defense & Security
    • Politics
    • Videos
  • Blog
  • Directory
  • Support Us
  • About
  • Contact

October 22, 2021 at 6:40 pm

Trump Announces New Social Media Site ‘Truth Social’ and Blows Up Company’s Stock Price…

Follow_the_Truth
ParlerGabTruth Social

by Brendan Taylor at Insider Paper

Donald J. Trump announces Trump Media & Technology Group and a social media network, called “Truth Social,” to rival Big Tech.

“I created TRUTH Social and TMTG to stand up to the tyranny of Big Tech,” Trump said in a press release on Wednesday. “I am excited to send out my first TRUTH on TRUTH Social very soon…”

Trump social media network truth

TRUTH SOCIAL: READ MORE ABOUT NEW SOCIAL MEDIA SITE BY TRUMP

PALM BEACH, FL — October 20. 2021 — Trump Media & Technology Group and Digital World Acquisition Corp. (NASDAQ: DWAC) have entered into a definitive merger agreement, providing for a business combination that will result in Trump Media & Technology Group becoming a publicly listed company, subject to regulatory and stockholder approval. The transaction values Trump Media & Technology Group at an initial enterprise value of S875 Million, with a potential additional earnout of S825 Million in additional shares (at the valuation they are granted) for a cumulative valuation of up to $1.7 Billion depending on the performance of the stock price post-business combination. Trump Media & Technology Group’s growth plans initially will be funded by DWAC’s cash in trust of $293 Million (assuming no redemptions).

Trump Media & Technology Group’s mission is to create a rival to the liberal media consortium and fight back against the “Big Tech” companies of Silicon Valley, which have used their unilateral power to silence opposing voices in America.

Trump Media & Technology Group (“TMTG”) will soon be launching a social network, named “TRUTH Social.” TRUTH Social is now available for Pre-Order in the Apple App store. TRUTH Social plans to begin its Beta Launch for invited guests in November 2021. A nationwide rollout is expected in the first quarter of 2022. Those who are interested in joining TRUTH Social may now visit www.truthsocial.com to sign up for the invite list.

President Donald J. Trump, the Chairman of TMTG, stated, “I created TRUTH Social and TMTG to stand up to the tyranny of Big Tech. We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced. This is unacceptable. I am excited to send out my first TRUTH on TRUTH Social very soon. TMTG was founded with a mission to give a voice to all. I’m excited to soon begin sharing my thoughts on TRUTH Social and to fight back against Big Tech. Everyone asks me why doesn’t someone stand up to Big Tech? Well, we will be soon!”…

ParlerGabTruth Social
Continue Reading
This website lives off the kindness of your donations. If you would like to support The T-Room please visit our PayPal.

Editor’s Picks

Dramatic Video: Anti-ICE Protester Fires Weapon at Federal Agents During Immigration Raid…

Several Reports Say Deputy FBI Director Dan Bongino Threatening to Quit over Epstein Issues and DOJ Response…

Metadata Shows the FBI’s ‘Raw’ Jeffrey Epstein Prison Video Was Likely Modified…

At Last: John Brennan and James Comey Under Criminal Investigation for Russiagate…

“I’ve Seen ALL the EPSTEIN DOCUMENTS” | Alan Dershowitz…

Any publication posted at The T-Room and/or opinions expressed therein do not necessarily reflect the views of The T-Room. Such publications and all information within the publications (e.g. titles, dates, statistics, conclusions, sources, opinions, etc) are solely the responsibility of the author of the article, not The T-Room.

Twitter Icon

View Old Archives

Copyright © 2025 T-Room

Site by Creative Visual Design