Tim Robberts/Joe Raedle (Getty Images)
- Trump Media's social media app could be valued at more than $5 billion.
- Investors in Digital World Acquisition Corp. approved a merger deal with Trump's company.
- Despite the potential windfall, Truth Social is facing mounting losses.
Donald Trump's social media platform is losing money, but it could still be valued at over $5 billion.
Former President Trump's Truth Social is set to become part of a publicly traded company after a long-delayed merger was approved.