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Donald Trump may be about to get $3 billion richer. But that likely won't solve his cash crunch

·1 min

Former President Donald Trump’s social media platform, Truth Social, is on the verge of going public through a merger with Digital World Acquisition Corp. If approved by shareholders, Trump stands to own a dominant stake in the new public company, worth over $3 billion. However, experts believe this deal will not solve Trump’s financial troubles. He faces a deadline to post a bond in a civil fraud case against him. Additionally, the value of Trump Media is seen as overinflated, and its revenue is minimal. The stock would be difficult to monetize, as Trump’s shares are subject to a lock-up period and can’t be immediately sold.