ScienceThe Next Web5 days ago
Trump Media drops Truth Social spinoff, pursues fusion merger
1 min read
Trump Media dropped the planned Truth Social spinoff into a SPAC run by Trump family allies. The $6 billion fusion merger with TAE Technologies remains on track for Q4 2026. The combined company will evaluate strategic alternatives for legacy media assets after the merger closes.
Level
Hype check
Tap to vote and see what everyone thinks.
