Why Trump Can’t Pledge His Truth Social Shares Even After It Goes Public
Donald Trump is on the cusp of adding billions of dollars to his balance sheet after shareholders of Digital World Acquisition Corp. voted on Friday to merge with his Trump Media & Technology Group. But not only won’t the expected $2.9 billion windfall not help him pay his fines, it won’t even help him secure a bond to cover those fines while he appeals.
Cordell Eminent Scholar Jay Ritter and DBA student Xavier Kowalski (DBA ’26) share their insights with Forbes and a number of other publications about Digital World’s public debut. Read more from:
Forbes – Why Trump Can’t Pledge His Truth Social Shares Even After It Goes Public
Business Insider – Trump’s Truth Social has only 5 million members and is performing badly but could be valued at more than $5 billion
NPR – Trump is on the verge of a windfall of billions of dollars. Here are 3 things to know
