Trump Social Media Venture, TRUTH Social, Under SEC Inquiry
Excerpt:
The effort to create a non-DNC-filtered social media platform got some serious capital investment promise recently when a Trump company entity and an independent investment company declare the intent to create a $1 billion investment fund to support the creation of “TRUTH Social,” which promises to rival Facebook and Twitter.
The social media venture claims it will reach 81 million users by 2026. This figure is significant if this audience is primarily American, which, it most likely will be. It would be fair to say that 10 percent of the users might be non-American, making it 72 million American users, a figure that would be politically significant.