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Trump’s Truth Social to go public in New York as shares surge

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

The firm behind Donald Trump’s Truth Social is set to go public at a price that values the minnow social network at close to $6bn.

Shares in Digital World Acquisition, the vehicle with which Trump’s social media business is combining, surged 35% on Monday – and have almost tripled in value since the turn of the year.

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