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Trump Media & Technology Group Considers Spinning Off 'Truth Social'

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**February 27** Donald Trump's Media Technology Group (DJT.O) is in talks to spin off assets—including its Truth Social platform—into a new publicly traded company. The move follows the firm’s completion of a $6 billion merger with nuclear energy company TAE Technologies. Under the proposed plan: - Shares of the spun-off entity will be distributed to DJT.O’s registered shareholders **before** the TAE transaction closes. - The spun-off company will then merge with special purpose acquisition company (SPAC) Texas Ventures Acquisition III. The spin-off aims to separate Trump Media’s social media business from its commercial nuclear fusion investments. The firm hopes to capitalize on surging energy demand tied to the artificial intelligence (AI) boom for its nuclear-focused operations. Both parties emphasize negotiations are ongoing, and no final agreement has been reached. Source: Jinse
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