How exactly do you see a $1.7 billion market cap company purchasing a $40 billion market cap company? And if that was the goal why bother having spent all the money creating Truth Social when you could have just bought Twitter and used it?
Not really, why would Twitter possibly merge with someone 23 times smaller than them, controlled by a man they banned from their platform, and where most of the users hold the same political beliefs? That would be like the Communists and the Nazi's merging their state run broadcasting companies in 1938.
How exactly do you see a $1.7 billion market cap company purchasing a $40 billion market cap company? And if that was the goal why bother having spent all the money creating Truth Social when you could have just bought Twitter and used it?
Excellent question!
Donald Trump works in mysterious ways. No reason to stop trusting him now.
All your Twitters are belong to us.
Asset forfeiture.
That merely changes who owns the assets, it doesn't destroy their value. DWAC is not getting tens of billions of dollars in forfeited Twitter assets.
Merger not acquisition. That makes much more sense.
Not really, why would Twitter possibly merge with someone 23 times smaller than them, controlled by a man they banned from their platform, and where most of the users hold the same political beliefs? That would be like the Communists and the Nazi's merging their state run broadcasting companies in 1938.