
Trump Media & Technology Group and related parties said they will not proceed for now with a potential separation of media assets including Truth Social, instead focusing on a fusion-related combination involving TAE and Texas Ventures.
Trump Media & Technology Group said the relevant parties have decided not to move forward for now with a potential spinoff of some media assets, including Truth Social. Newer reporting said Trump Media, TAE and Texas Ventures are instead focusing on a fusion merger, shifting the transaction away from separating media operations and changing investor exposure by combining media and energy-related businesses in one deal.