Posted: Dec 05, 2021 12:18 pm
by Tortured_Genius
Trump social media firm raises $1bn from investors (BBC)

As a number of sources have pointed out (Trump SPAC social media company appears to miss its first product deadline (CNBC))- Trump's media firm has missed all it's deadlines (a beta version of its version of twitter was supposed to be up and running before the end of October) and there is no sign of any actual technology firm being involved or apps produced.

Is there anything to indicate that this is anything other than a hot-air powered vehicle to raise money? (Presumably to cover all those loans that are becoming due).