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Shares of Truth Social Buyer DWAC Jump 20%

“I love Truth Social,” Donald Trump declared over the weekend on Truth Social, the social media platform he launched to fight left-wing censorship of conservative ideas. Investors in Digital World Acquisition Corp. likely feel the same way, as stock rose about 21% on Monday. DWAC is a special purpose acquisition company (SPAC) formed to acquire […]

The Truth About Trump’s Truth Social Windfall

The Truth About Social Loss The shareholders of Digital World Acquisition Corporation On Monday, it boldly aligned their fortunes with Donald Trump’s Truth Social, ratifying a deal that would award nearly $3 billion in bounties to former and potential returning commanders-in-chief. This coincidence, especially as the progenitor of Trump Media & Technology Group (Trump Media […]

Trump’s Truth Social merger throws curveball into presidential race

The merger agreement involving former President Trump’s Truth Social platform is the latest financial development in the White House race, which aims to close the fundraising gap with President Biden. Despite polls showing a close national race with Trump leading in key states, Biden’s campaign efforts have significantly outpaced Trump’s in the first few months […]

Is the Truth Social deal Donald Trump’s last financial lifeline?

On the game show Who Wants to Be a Millionaire, contestants are given three lifelines to protect their chances of winning big, including asking viewers and calling friends. It was done. But for billionaire Donald Trump, a different kind of lifeline could keep his finances afloat. Friday Axios report Trump Media and Technology Group, the […]

Trump signals Truth Social windfall won’t be used to post bond in fraud case

Former President Trump suggested Friday that he does not intend to use a potential windfall from a merger involving Truth Social to post bond in a New York fraud judgment ahead of a Monday deadline. Digital World Acquisition Corporation (DWAC) shareholders on Friday approved a merger with President Trump-owned media startup Truth Social, giving the […]

Establishment Media Fail Again as Trump’s Truth Social’s Big Merger Approved

Despite constant predictions over the past few years that it wouldn’t happen, the establishment media’s approval of a merger between a SPAC and the company that runs President Trump’s social media platform Truth Social Another big piece of news about former President Donald Trump was broadcast. On Friday morning, shareholders of Digital World Acquisition Corporation […]