Exploring the IPO Trend: How Trump’s Truth Social Became Part of the Movement
The Reddit and Astera Labs IPOs last week ate up a lot of media oxygen.
And with good reason, the two tech IPOs priced well and traded with even more gusto.
After a long dearth for technology offerings, seeing two large, multi-billion dollar offerings in the same week was part of a much-needed win for private-market tech companies, and sigh of relief for the same.
But there was another offering last week that has a tech-angle to it: Trump Media and Technology Group, which is the company behind Truth Social.
More from TechCrunch here, but the gist is that after much back-and-forth, it merged with its chosen SPAC and started to trade.
