Trump Media drops Truth Social spinoff, refocuses on $6 billion fusion merger with TAE Technologies

The Next Web
By Cristian DinaJun 10, 2026, 1:14 pm91 ptsTrending
Trump Media & Technology Group, TAE Technologies, and Texas Ventures Acquisition III have decided not to proceed with a planned spinoff of Truth Social and other media assets. The three companies said in a statement on Wednesday that Trump Media and TAE remain committed to closing their $6 billion merger in…

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