Trump media may lose out on $1.3Bn as merger plans falter amid money woes

's media company that runs his social media platform Truth Social, might miss the opportunity of receiving nearly $1.3 billion if a merger plan with blank-check company Digital World Acquisition Corp. fails.

If the deal is successfully completed, Trump's media company would receive $293 million from DWAC in addition to $1 billion in the form of a private investment in public equity . Above, Donald Trump's social media app Truth Social's logo is seen on a smartphone. Trump Media & Technology Group, Trump’s media company that runs his social media platform Truth Social, might miss the opportunity of receiving nearly $1.3 billion if a merger plan with blank check company Digital World Acquisition Corp. fails.

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