You Searched For "digital world acquisition corp trump spac" and got 20 results
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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…
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…
2 mins read
Digital World Acquisition could plummet 78% as regulatory scrutiny means it will likely never merge with Trump's Truth Social media platform, short seller says
"DWAC is not just another dubious 2021 SPAC; it is a poster child for some of the worst abuses the …
Matthew Fox
5 mins read
Startups are ready to thrive under Trump, but some uncertainty remains in a key corner of the space
Trump's deregulation could boost tech, but his stance on AI and immigration leaves the future uncer…
Dan DeFrancesco
1 min read
Digital World SPAC tied to Trump's Truth Social extends two-day decline to 13% after app downloads plummet
Despite the recent sell-off, Digital World is still up nearly 500% from its SPAC IPO price of $10 p…
Matthew Fox
1 min read
Digital World Acquisition stock sees wild swings as the SPAC discloses another SEC probe and reiterates plans to merge with Donald Trump's Truth Social
Digital World said it "appreciates" the SEC's task to protect investors and acknowledged that it is…
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
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
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
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
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
Warrants tied to Donald Trump's SPAC soar 2,686% amid merger hype
Public warrants tied to SPACs are inherently more volatile than the underlying stock because they c…
Matthew Fox
1 min read
Digital World Acquisition surges 357% on plans to merge with Donald Trump's media company
Trump's new venture follows speculation he would create his own social media site after he was bann…
Carla Mozée
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
1 min read
An executive of the SPAC taking Trump's media company public is suing for 'brazen fraud', report says
Brian Shevland said he had been in the running for a board seat and that he was an integral part of…
Max Adams
1 min read
Hedge fund Saba Capital quickly dumped all of its unrestricted shares in the SPAC set to merge with Trump's media company, citing conflicting 'values' - and missed most of a 357% surge
Six other hedge funds that are invested in Digital World saw peak paper profits of more than $100 m…
Matthew Fox
2 mins read
A Republican congressman who blamed Trump for inciting an insurrection just invested thousands in his new social media company
Larry Bucshon blamed Trump's "dangerous rhetoric" for inciting an insurrection. Now, he's investing…
Bryan Metzger
3 mins read
Matt Gaetz has a history of going after Big Tech. As Trump's attorney general he'd be tasked with enforcing antitrust laws.
Matt Gaetz has railed against Big Tech companies. If he becomes Trump's attorney general, he'd have…
Erin Snodgrass,Kelsey Vlamis
2 mins read
Retail traders are cheering Trump's deal to make SPACs great again as Digital World Acquisition Corp. extends triple-digit gains
DWAC is going to be "YUUUUGE" one trader on a Reddit investing thread said following the deal's ann…
Natasha Dailey
2 mins read
Donald Trump's SPAC gambit could make him richer than ever, with the ex-president and any partners reportedly set to own more than 50% of the post-merger company
Bloomberg estimates Trump and any of his partners will own a combined $4.8 billion stake in the pos…