Trump’s Truth Social valued at more than $9bn as it goes public in New York

Trump’s Truth Social valued at more than $9bn as it goes public in New York

Trump Media & Technology trading on Nasdaq under ‘DJT’ ticker, using former president’s initials

The firm behind Donald Trump’s Truth Social went public on Tuesday at a price that values the minnow social network at more than $9bn.

Shares in Digital World Acquisition, the shell company with which Trump’s social media business is merging, have been surging since the turn of the year – and rallied by more than 40% as it combined with Trump Media & Technology.

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