Die-hards go to talk politics, God and the stock market. On Reddit and Rumble (a kind of far-right YouTube) they pump up their man Donald Trump and his social-media company, Truth Social, which they pray will soon go public via a SPAC. Then they read a Bible verse or two. One Old Testament proverb—“Buy the truth and do not sell it”—is almost too apt. “That’s what we’re doing here, folks,” says Chad Nedohin, a hype-man on Rumble.
“Literally, as a team of investors, we have bought into truth and we are never selling because we are diamond-handed.” Faith is a prerequisite for this merry band of meme-stock traders. Truth Social’s path to the public markets has been long and fraught, dogged by anprobe, lawsuits by disgruntled former employees, and a cash crunch. At last, a flotation looks imminent. On March 22nd, investors in a SPAC will vote on whether to merge with Truth Social’s parent company, Trump Media & Technology Group
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SkyNews - 🏆 35. / 67 Read more »
Donald Trump social media company set to go publicDonald Trump’s social media company is set to go public, potentially netting the former US president stock worth billions on paper.
Source: SunScotNational - 🏆 49. / 63 Read more »
Trump’s social media company to go public after merger approvedDigital World Acquisition Corp shareholders voted to approve a deal to merge with Trump Media & Technology Group, including Truth Social.
Source: Glasgow_Times - 🏆 76. / 59 Read more »
Trump’s social media company to go public after merger approvedDigital World Acquisition Corp shareholders voted to approve a deal to merge with Trump Media & Technology Group, including Truth Social.
Source: Observer_Owl - 🏆 18. / 72 Read more »