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Trump Media Technology Group is considering spinning off "Truth Social".

2026-02-27 16:00:02
Shareshare
Huoxun Finance reported on February 27th that, according to Jinshi, Trump Media Technology Group (DJT.O) is discussing spinning off its assets, including the social media platform "TruthSocial," into a new publicly traded company. This comes after the company completed a $6 billion merger with nuclear energy company TAE Technologies. The company stated that the spun-off company's stock will be allocated to Trump Media Technology Group's registered shareholders before the TAE transaction is completed, and then the spun-off company will merge with the special purpose acquisition company "Texas Ventures Acquisition III." This spin-off aims to separate Trump Media Technology Group's social media business from its investments in commercial nuclear fusion, as the company hopes to leverage the huge energy demand generated by the artificial intelligence boom for its own development. Both companies noted that negotiations are still ongoing and no final agreement has been reached.
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