Trump Media & Technology Group says it may spin off Truth Social [CBS News]
Trump Media & Technology Group Corp. (DJT)
Company Research
Source: CBS News
In a statement, Trump Media said that the spinoff, if approved, would occur after the merger with TAE is completed, and shareholders would be given stock in the newly separated business. Truth Social would then merge with another company, Texas Ventures III , a special purpose acquisition company formed in 2024 to acquire or merge with other businesses. According to Trump Media's most recent proxy, President Trump owns 52% of the company's outstanding shares. Mr. Trump, who has 11.8 million subscribers on Truth Social, is seen as the platform's greatest asset. Spinning off Truth Social would represent another strategic shift for Trump Media & Technology Group, which launched in 2021 as a business focused on the conservative-leaning social media space. Since its debut, Truth Social hasn't gained much traction with advertisers, with the platform's revenue dipping 4% in the quarter ended Sept. 30, according to its most recent quarterly report. Over the past year, Trump Media has b
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News
- Hiltzik: Trump Media's financial report revives questions for investors [Yahoo! Finance]Yahoo! Finance
- Trump Media's financial report revives questions for investors [Los Angeles Times (CA)]Los Angeles Times
- Trump Media & Technology Group: Another Awful Report [Seeking Alpha]Seeking Alpha
- Trump Media & Technology Group (DJT) Is Up 5.9% After Truth Social Spin-Off Talks Post-TAE Merger Plan [Yahoo! Finance]Yahoo! Finance
- Assessing Trump Media & Technology Group's Valuation After Recent Weak Returns And Ongoing Losses [Yahoo! Finance]Yahoo! Finance
DJT
Sec Filings
- 2/27/26 - Form 10-K
- 2/27/26 - Form 425
- 2/27/26 - Form 8-K
- DJT's page on the SEC website