The stock price of Truth Social’s parent company shot up like a rocket ship on its very first day of trading! That’s right, folks, we’re talking about a whopping 40% increase! Can you believe it? Digital World Acquisition Corporation (DWAC) shareholders gave the thumbs up to merging with Donald Trump’s Trump Media and Technology Group (TMTG), the big boss of Truth Social. And boy oh boy, did Wall Street go wild on Tuesday! The new stock symbol DJT is bringing in the big bucks, trading at over $73!
Trump's Truth Social rockets up stock market in first day of trading https://t.co/mLio4srcVj . pic.twitter.com/CVgxc5lo0b
— NahBabyNah (@NahBabyNah) March 26, 2024
rump is looking at a sweet deal with 79 million shares worth a jaw-dropping $3 billion! Talk about making America great again, right? And get this, he might rake in an extra 40 million shares by April if everything keeps going up, up, up.
Remember when Twitter gave Trump the boot back in 2021? Well, he didn’t waste any time. Trump decided to create Truth Social, a platform where he can speak his mind without the liberal tech giants censoring him. And guess what? The man himself has pledged to share his wisdom exclusively on Truth Social for a good six hours before spreading his pearls of wisdom elsewhere. Now that’s what I call sticking it to the cancel culture!
Truth Social isn’t just about politics. Oh no, it’s about bringing you all the non-woke entertainment and news you can handle. The Trump Media and Technology Group (TMTG) is cooking up a subscription-based streaming service called TMTG+, serving up a feast of content that isn’t tainted by the woke left.