On Monday, a regulatory filing revealed that Donald Trump will have to wait six hours before reposting his messages from the Truth Social to other platforms.
The platform was launched with a mission to stand up to Big Tech, after the former US president was expelled from Twitter, Facebook and YouTube for allegedly inciting and glorifying violence during the January 6 US Capitol riots.
Billionaire Elon Musk, who made a $44 billion bid to buy Twitter, said he would rescind Trump’s ban on the platform, calling it “morally wrong and totally stupid.”
Trump, who averaged 18 tweets a day when he was president, said he would not return to Twitter even if he was reinstated.
He’s speeded up his messaging on the new platform to his millions of followers after a slow start.
“President Trump is generally obligated to post any social media post to the Truth Social, and may not post the same post to another social media site for 6 hours,” Digital World Acquisition Corp. said in a filing.
DWAC, the special-purpose acquisition company that will pitch Truth Social’s parent company Trump Media & Technology (TMTG), has submitted the statement to US regulators and said it expects to close the deal in the second half of 2022.
She also said that Trump is free to sign offers for any new video production, but that TMTG reserves the right to re-create software similar to its TMTG+ video subscription service and will have to pay him for exclusive content for subscribers.