This market will resolve to "Yes" if if is officially announced that that X (formerly Twitter) and Truth Social, or if X or its parent company Trump Media & Technology Group (TMTG) have agreed to merge, by July 31, 2025. Otherwise, this market will resolve to "No." The announcement must indicate that the two organizations have agreed to combine their operations. This could be a legal merger where they form one entity, a joint venture, or an acquisition of one by the other. An official announcement before the end date of an X/Truth Social merger will suffice to resolve this market to "Yes" regardless of if or when the merger actually occurs, however statements merely suggesting that a merger/acquisition may occur or which express intent will not qualify. The resolution source will be official statements from X and/or Truth Social/Trump Media & Technology Group, however a consensus of credible reporting will also be used.
plans with X. Truth Social is not in any way a real competitor, there won't be a
CEO and Chairman Devin Nunes: “We will continue to explore opportunities to partner, merge with, and acquire other entities"
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why in god?!
no no no no no
That story comes from a "CNN expert" who believes this could be the "most corrupt" way to "funnel billions" from Musk to Trump. She did not really have an idea why Musk would want to do that. Musk has huge plans with X. Truth Social is not in any way a real competitor, there won't be a merger
wheres the proof this is supposedely happening at all
Doesn't have to be a cash deal. A sharedeal would be interesting, but might pose a COI having the POTUS and a close Advisor in the same boat... I would think its a
rational thing to do for trump. And a great Marketing stunt. Odds atm seem pretty favourable. Would prob take soon.
The question is whether X shareholders would be willing to dilute simply for a cash pile + listing. I don't think they want it publicly traded, and if they need to fundraise doing a private round would be cheaper than any level DJT is likely to trade at. So I don't see how a deal could be done
Theory here could be?: 1) buy truthsocial / DJT company and eliminate competition 2) merge X into DJT - then they instantly a stock market listing and can raise massive capital? X is at massive loss currently - getting on the exchange could help him cut massive losses? Just a theory.
Competition isn't Truth, more Bluesky, Mastodon and Threads atm. I still see the rationale for Trump and Elon to do it. Seems like a broken communication channel atm - having elon and everyone else on one plattform and Trump on another. Trump is already posting on X and getting more views and attention. Would be the smart move and at the current ods... :)