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Fed Up & Newsmaxed Out

The Powers That Be: Daily

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Trump Media's SPAC Gambit

This chapter examines the controversial SPAC associated with Trump media, critiquing its inflated valuation and lack of revenue while comparing it to the more stable Newsmax. It reveals the unconventional IPO process that led to a dramatic, though fleeting, surge in stock value, emphasizing the volatile nature of the market in today's political media landscape.

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