Donald Trump, the former U.S. President, is set to amplify his control over Truth Social, receiving a colossal stock award valued at $1.3 billion. This move will elevate his total investment in the social media venture to an impressive $4.1 billion. The significant financial boost comes as part of a performance-based agreement, allowing for additional share distributions to pre-merger stakeholders, including Trump himself, upon achieving specific market targets. With this new addition, Trump fortifies his position and financial interest in Truth Social, marking a substantial increase in his stake in the burgeoning social media company.

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