financetom
Business
financetom
/
Business
/
Trump Media, TAE, Texas Ventures Drop Plans for Truth Social Spin-Off
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump Media, TAE, Texas Ventures Drop Plans for Truth Social Spin-Off
Jun 10, 2026 6:19 AM

08:56 AM EDT, 06/10/2026 (MT Newswires) -- Trump Media & Technology Group ( DJT ) and TAE Technologies said Wednesday they are no longer pursuing a previously discussed spin-off of certain Trump Media ( DJT ) assets, including Truth Social, into a new publicly traded company.

Under the spin-off discussions, the media assets would then have been merged with Texas Ventures Acquisition III ( TVA ) following the closing of the merger between Trump Media ( DJT ) and TAE, the companies said.

Trump Media ( DJT ) and TAE said they remain focused on completing their previously announced merger, with a target closing in Q4 2026 or sooner.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved