The Securities and Exchange Commission approved a merger between Trump Media & Technology Group and Digital World Acquisition Corp., a blank-check company, which would allow the Trump media enterprise to be a publicly traded company.
The IPO is expected to generate anywhere from 3-4 billion dollars for Trump so he will probably see a major cash inflo from MAGA supporters who rush to buy stock in Trump Media. Since the cash raised from stock sales is not a campaign contribution The Donald can do about anything he wants to with the cash.
The IPO is expected to generate anywhere from 3-4 billion dollars for Trump so he will probably see a major cash inflo from MAGA supporters who rush to buy stock in Trump Media. Since the cash raised from stock sales is not a campaign contribution The Donald can do about anything he wants to with the cash.