Former President Donald Trump has secured agreements from investors for $1 billion as he works to establish a social media platform to rival the Big Tech companies that deplatformed him.
Trump announced on Dec. 4 that the pledges from unnamed investors will turn into investments once Digital World Acquisition Corp., a blank-check firm, and the social media group known as Trump Media & Technology Group Corp. are combined. The group plans to debut a platform called TRUTH Social in 2022.
