Rich people apparently just gave Trump’s nonexistent social network $1B

All of us have dumb ideas, and our friends might indulge us by giving us a few bucks to fulfill them. But a billion dollars? Well, perhaps —if you’re Donald Trump. US President’s social network said in a press release that it just received $1 billion in funding from a “diverse group of institutional investors,” without disclosing any names. After this deal, the Trump Media and Technology Group (TMTG), is reportedly valued at $4 billion. Investors are putting their money into a merged venture consisting of  TMTG and the Digital World Acquisition Corp, a Special Purpose Acquisition Company (SPAC).  $1…

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