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Twitter Under Elon Musk Threatens to End Trump’s Truth Social Media Venture

Former president’s potential return to Twitter is worrying investors in the shell company tied to Trump Media’s Truth Social.

Video player cover image — Elon Musk Buys Twitter for $44 Billion

By

Claire Ballentine and

Sophie Alexander

April 25, 2022, 4:54 PM UTCUpdated onApril 25, 2022, 7:17 PM UTC

Twitter Inc. under Elon Musk has the potential to end Donald Trump’s Truth Social.

Musk, who reached a deal Monday to buy Twitter for $44 billion, said he aims to make the social-media platform “an inclusive arena for free speech.” While Trump told Fox News on Monday he doesn't plan a Twitter comeback if his permanent ban ends, speculation about his return was enough to torpedo the shares of Digital World Acquisition Corp., a special purpose acquisition company aiming to merge with Truth Social owner Trump Media & Technology Group.