President Donald Trump has a big plan to combat left-wing tech companies.
A new social media platform called “Truth Social” is set to launch in Spring 2022.
Trump explained in a statement, “I created TRUTH Social and TMTG to stand up to the tyranny of Big Tech.”
“We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced,” he notes.
“This is unacceptable,” Trump continues. “I am excited to send out my first TRUTH on TRUTH Social very soon.”
Trump was banned by platforms like Facebook, Twitter and YouTube following the events of January 6.
Democrats pushed a false narrative that the events of January 6, 2021 were an organized attempt supported by Trump to overturn the presidential election result.
An investigative report from the FBI vindicated Trump. It stated, “The FBI has so far found no evidence that he [President Trump] or people directly around him were involved in organizing the violence, according to the four current and former law enforcement officials.”
On the contrary, the FBI found strong evidence that roughly 96% of cases were “one-off incidents” and only 4% could be tied to various militia-type groups. These groups were still not centrally coordinated.
Officials state in the Reuters reports that the events of Jan. 6th at the U.S. Capitol were not “the result of an organized plot to overturn the presidential election result.”
“FBI at this point believes the violence was not centrally coordinated by far-right groups or prominent supporters of then-President Donald Trump,” the report adds.
The new report vindicates Trump as being falsely linked to allegedly inciting or organizing the events of Jan. 6th and wrongfully banned by social media platforms.
A former senior law enforcement official with knowledge of the investigation explained, “Ninety to ninety-five percent of these are one-off cases.”
“Then you have five percent, maybe, of these militia groups that were more closely organized,” he added.
“But there was no grand scheme with Roger Stone and Alex Jones and all of these people to storm the Capitol and take hostages,” he concluded.
Watch the clip:
Trump’s new social media platform will be managed by a company called “Trump Media & Technology Group.”
The group released the following statement:
Trump Media & Technology Group and Digital World Acquisition Corp. (NASDAQ: DWAC) have entered into a definitive merger agreement, providing for a business combination that will result in Trump Media & Technology Group becoming a publicly listed company, subject to regulatory and stockholder approval.
The transaction values Trump Media & Technology Group at an initial enterprise value of $875 Million, with a potential additional earnout of $825 Million in additional shares (at the valuation they are granted) for a cumulative valuation of up to $1. 7 Billion depending on the performance of the stock price post-business combination. Trump Media & Technology Group’s growth plans initially will be funded by DWAC’s cash in trust of $293 Million (assuming no redemptions).
Trump Media & Technology Group’s mission is to create a rival to the liberal media consortium and fight back against the “Big Tech” companies of Silicon Valley, which have used their unilateral power to silence opposing voices in America.