Trump Media in talks to spin off Truth Social from DJT into independent stock
Core Viewpoint - Trump Media & Technology Group is exploring a spin-off of Truth Social into a separate publicly traded company following its merger with TAE Technologies [1] Group 1 - Trump Media announced the potential separation of Truth Social, which is favored by President Donald Trump [1] - The company's shares rose over 1% in premarket trading, indicating positive market sentiment [1] - The stock trades under the ticker DJT, reflecting President Trump's initials [1]