Trump' Truth Social closes in on Wall Street listing

Donald Trump’s social media and technology company, Truth Social, has been cleared to merge with a special purpose acquisition company, valuing the group at around US$10 billion.   The U.S. Securities and Exchange Commission (SEC) approved the merger after two years of Trump’s company attempting to receive a stock market listing. A US$10 billion valuation is believed to be around half that of its direct rival X/Twitter. Some believe the former US president’s attachment to the site has been a key aspect of t ...