You Searched For "trump spac" and got 20 results
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1 min read
Donald Trump's first win of the 2024 election season ignites 239% rally in Truth Social-linked SPAC
Digital World Acquisition has been seeking a merger with Trump's Truth Social media platform since …
Matthew Fox
3 mins read
Investors accuse the ex-CEO of the company that helped take Trump Media public of stiffing them out of millions of shares
The lawsuit alleges Florida businessman Patrick Orlando "engaged in malicious and intentional self-…
Natalie Musumeci
4 mins read
Trump's stock bust came even quicker than I expected
Trump Media's DJT stock price has plunged since its SPAC merger. And it's probably going to get wor…
Emily Stewart
1 min read
Ex-CEO of company that helped Trump Media go public accused of securities fraud
The SEC alleges Patrick Orlando "falsely represented" his SPAC's negotiations with Trump Media.
Geoff Weiss
1 min read
Trump Media is being 'absurdly' valued by investors, LinkedIn cofounder says
Trump Media made just $4 million last year and lost $58 million, financial documents show.
Jennifer Sor
2 mins read
The SPAC tied to Trump's Truth Social surges 11% after the former president is formally indicted
Since the indictment was revealed Thursday afternoon, Trump posted more than 40 times to his Truth …
Matthew Fox
2 mins read
Trump left Truth Social board not long before it got hit with an SEC subpoena, filing shows
The company behind Truth Social is in the process of being acquired by a SPAC and the merger is und…
Isobel Asher Hamilton,Tom Por…
3 mins read
Donald Trump still isn't tweeting no matter how much Elon Musk gives him
After Elon Musk reinstated Donald Trump's Twitter account, endorsed him, and pledged $45 million a …
Katie Notopoulos
1 min read
Digital World Acquisition Corp. jumps 29% as merger partner Trump Media eyes $1 billion fundraise
Trump Media & Technology Group is already in line to receive $293 million if its deal to go public …
Carla Mozée
2 mins read
This chart shows just how absurd Trump Media's valuation is
Trump Media has a price-to-sales ratio of 1,590x, which dwarfs the average 8.3x price-to-sales rati…
Matthew Fox
4 mins read
Trump Media's stock is almost certain to crash
Trump's media company, which runs Truth Social, was flying high after starting trading. There are p…
Emily Stewart
4 mins read
Trying to make sense of Donald Trump's SPAC? We break it down for you.
Shares of Digital World Acquisition Company, which plans to merge with Donald Trump's new social me…
Natasha Dailey
1 min read
The SPAC taking Trump's Truth Social public slides 11% as 2 key executives reportedly depart the social media app
DWAC shares have been under pressure recently following the rocky launch of the Truth Social conser…
Carla Mozée
2 mins read
The company buying Trump's social network Truth Social warned investors about his history of bankruptcy and failed business ventures
In a filing Monday, Digital World highlighted the failures of Trump Taj Mahal, Trump University, an…
Isobel Asher Hamilton
1 min read
Donald Trump's media company lays off some employees while waiting for regulators to approve SPAC merger, report says
The company behind Donald Trump's Truth Social has laid off around half a dozen staff, including se…
Kate Duffy
2 mins read
Digital World Acquisition stock may face less short-seller pressure due to quirk in SPAC deals, expert says
DWAC's prospectus said 11 anchor investors would buy up to 91.3% of the shares offered, potentially…
Isabelle Lee
1 min read
The advisor to the SPAC taking Trump's media firm public is launching its own blank-check company
EF Hutton is looking to raise $125 million via its SPAC, according to a filing. It is targeting fir…
Isabelle Lee
2 mins read
Elizabeth Warren is asking the SEC to investigate the Trump SPAC deal over potential securities violations
SPAC deals "are often structured to exploit retail investors to the benefit of large institutional …
Matthew Fox
2 mins read
Digital World Acquisition spikes 23% as Elon Musk tweets about Twitter's competition
"Truth Social (terrible name) exists because Twitter censored free speech." In a follow-up, Musk tw…
Matthew Fox
2 mins read
Digital World Acquisition falls 15% after Elon Musk buys Twitter for $44 billion
"Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square," El…