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Trump's Truth Social Faces Financial Challenges
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Trump's Truth Social faces a $73 million loss as its merger with Digital World Acquisition Corp. faces delays and investigations. Digital World plans to return $533 million raised for the social media deal, raising doubts about its future. The company has lost nearly $200 million in stock purchase deals and faces internal accounting weaknesses, impacting its shares.
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How might the financial challenges faced by Trump's Truth Social impact the broader social media landscape?
How might the uncertainty surrounding the merger affect the future of Truth Social as a company?
What legal and regulatory implications could arise from the delays and investigations surrounding the merger?
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