Musk didn’t bite on the offer, but Truth Social’s merger deal to take it public will get a vote next week
Former President Donald Trump dangled a sale of his money-losing social media network to Elon Musk last summer, The reported Tuesday.
Truth Social was mired in a drawn-out — and still not completed — process to merge with Digital World Acquisition Corp., which is supposed to take it public, when the presumptive Republican nominee for president talked up the idea of selling it with Musk, the report said.
It’s not clear if during the conversation Trump put a price tag on Truth Social, which has about 1.5 million unique monthly visitors, according to web traffic tracker SimilarWeb.
Musk, who bought Twitter in October 2022 for $44 billion and has since renamed it X, apparently turned down the offer. But he did not deny that the conversation took place, according to the report. Instead, the billionaire, who is also CEO of SpaceX and Tesla, told the Post he had “never been to Mar-a-Lago,” Trump’s estate in Palm Beach, Florida.
