Trump Media Plans to Spin Off Truth Social as Standalone Public Company
TMTG reveals talks to make Truth Social its own publicly traded entity after completing its nuclear fusion merger.
Trump Media & Technology Group is looking to carve Truth Social out into its own publicly traded company. The firm disclosed Friday that it's actively in talks to make the spinoff happen.
The move would follow the completion of TMTG's previously announced merger with TAE, a nuclear fusion startup. That deal effectively transforms TMTG's core business — meaning Truth Social needs a new corporate home.
The spinoff would give Truth Social its own public listing, separating the social media platform from TMTG's pivot into energy tech. It's a dramatic restructuring that splits two wildly different businesses: social media and nuclear fusion.
Details on timing, valuation, or how existing shareholders would be affected remain unclear. The company characterized the discussions as ongoing, with no guarantee a deal gets done.