The company, which started an attempt to buy Truth Social, the social media platform opened after former US President Trump’s Twitter account was shut down for false propaganda, warned its investors about past commercial failures.
In fact, Digital World said how Trump’s Trump Taj Mahal and Trump Vodka initiatives in Atlantic City failed. He stated that although this new social media is in a different field than his other failures, it can be risky.
Warning about Truth Social, Digital World wants to merge with TMTG!
Despite Donald Trump’s warning about the social network Truth Social, Digital World, which continues its acquisition attempts, says that a merger with TMTG can bring great profits for both parties. However, he still does not hesitate to inform his investors that this business carries risks.
Truth Social statement that surprised Elon Musk
Elon Musk, who has not even passed 48 hours since he bought Twitter for $ 44 billion, surprised him with his Truth Social statement.
On the other hand, as we have stated, Truth Social is completely independent of Trump’s past works. In fact, the foundations of Twitter were laid in response to the claim that it was not really libertarian. But if the merger with Digital World is completed, the threads will be out of Trump’s hands. Because the new owner will control between 47 and 58 percent of the shares. He will also sit on the chair of the presidency.
Making a statement on the subject, DW said:
A number of companies affiliated with President Trump have filed for bankruptcy. There can be no guarantee that TMTG will not go bankrupt either. While all others are in different businesses than TMTG, there can be no guarantee that TMTG’s performance will exceed those of these organizations.
While his presidential nomination was once a laughing stock, Trump is now among the leading representatives of Republicans in the United States. For this reason, he strongly opposes censoring what he says, whether it is true or false.
He also made an agreement with Truth Social on this issue. According to the terms, Trump will publish his posts on other platforms on Truth at least 6 hours before. However, he will be able to share and broadcast wherever he wants about political messaging.
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