PANews reported on February 27th that, according to Jinshi, Trump Media Technology Group (DJT.O) is discussing spinning off its assets, including the social media platform "Truth Social," into a new publicly traded company. This follows the company's completion of a $6 billion merger with nuclear energy company TAE Technologies. The company stated that the spun-off company's stock will be allocated to Trump Media Technology Group's registered shareholders before the TAE transaction is completed, and then the spun-off company will merge with the special purpose acquisition company "Texas Ventures Acquisition III."
The spin-off aims to separate Trump Media Technology's social media business from its investments in commercial nuclear fusion, as the company seeks to capitalize on the surge in energy demand driven by the artificial intelligence boom. Both companies noted that negotiations are ongoing and no final agreement has been reached.

