Donald Trump launching new social media platform, TRUTH Social

The former president has been banned from several platforms.

Silenced by many major platforms, former President Donald Trump is launching his own social media app.

Trump Media and Technology Group and Digital World Acquisition Group, which is already listed on the Nasdaq, have entered into a merger to form a new company, chaired by the former president, according to a press release.

Trump says the group will form "a rival to the liberal media consortium."

Its first step will be launching a new social media platform called TRUTH Social. A beta version will be available to invited guests in November, according to the release.