Trump Media in Talks to Spin Off Truth Social

Core Viewpoint - The media company associated with President Trump is exploring the possibility of spinning off its businesses, including the social media platform Truth Social, into a new publicly traded entity [1] Group 1 - The discussions regarding the spin-off indicate a strategic move to separate the social media platform from the parent company, potentially enhancing its market value and operational focus [1] - The creation of a new publicly traded company could attract investors specifically interested in the social media sector, which may lead to increased capital and growth opportunities for Truth Social [1]

Trump Media & Technology Group Corp.-Trump Media in Talks to Spin Off Truth Social - Reportify