Trump Media’s Blockbuster SPAC Deal Set to Enrich Allies and Foes

Donald Trump isn’t the only one set to become a lot richer if the former president’s media startup debuts as a public company – at least on paper.

Shareholders are scheduled to vote Friday on whether blank check company Digital World Acquisition Corp. can proceed with taking Trump Media & Technology Group, which runs the Truth Social platform, public. If the long-delayed deal is approved, a number of insiders, from management to sponsors, and even former associates who sued to stall or block the deal, stand to pocket millions of dollars.