Announces launch of TRUTH Social to fight "tyranny of Big Tech"

Trump announced the formation of the Trump Media & Technology Group (TMTG) and its upcoming social media platform, TRUTH Social. He framed the venture as a tool to "stand up to the tyranny of Big Tech," claiming he created it because "we live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced." The announcement also revealed plans to go public via a SPAC merger, which would later face significant regulatory scrutiny.

“We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced,” he said in a statement. “This is unacceptable.” — Statement announcing TRUTH Social Quote verified against source