Trump’s Truth Social SPAC DWAC Down More Than Four Percent At Market Open

Shares of Digital World Acquisition Corp (DWAC), the special purpose acquisition company that said it plans to merge with former President Donald Trump’s social media site Truth Social, dropped more than four percent at the market open, as the social networking company faces glitches and resignations from senior executives two weeks after it was set to be fully operational.


Stay Connected
Forbes on Facebook:
Forbes Video on Twitter:
Forbes Video on Instagram:
More From Forbes:


Related Articles


  1. This is the reason trump NEVER put his families business on the market for if he had trump would've filed chapter 11 an additional 7th and 8th time by or before the year 2000. For trump HAS zero experience, knowledge, understanding or the common sense one needs to be a real businessman, because trump is a con man and a grifter, has been since birth, this is who the trump family is. Keeping his Russian money laundering, tax and property frauds secret was trumps only way of making money. But now that trump has tasted true power and found that grifting the RNC of donor money, funneling it into his fake election personal piggybank is making him far far far more money then even he could have imagined he will never stop, he will never stop lying.

    This is who your golden god is maga morons, he is a grifter that only cares about grifting your money to his pockets.

  2. Facebook and Twitter has dropped too. The stock market as a whole as dropped. I find it curious as to why you seem to take such glee in President Trump's social media page. How's your stock?

  3. It’s taking time to onboard profiles I just got on there after months of trying seems pretty good to me. Truth justice & the American way 🇺🇸

  4. Most of the people I know are still waiting to get approved. And I will never buy an Apple product. So good luck with that. Sounds to me more like the elitist pick out who we want to talk to program to me

  5. It’s like coming 10 years late to the movies… no idea why he started a social media company when they are becoming less and less used

  6. I’m tired of fake new! Only time is showing that President Trump did the right thing loving the USA and to us “we the people” I didn’t support him before but now I see the “Truth”.

  7. “Don’t limit yourself. Many people limit themselves to what they think they can do. You can go as far as your mind lets you. What you believe, remember, you can achieve.” – Mary Kay Ash

  8. Kinda wondering why he didn’t just do like Elon Musk is doing and just buy Twitter. If he would have announced a takeover I would have bought shares of his stock to help.

    There is One God in three persons, God the Father, God the Son and God the Holy Spirit. Humans are ONE person (in three parts) The body, soul and spirit.
    The Bible says that we are all sinners.
    As it is written: There is none righteous no not one. Romans 3:10
    For all have sinned and fall short of the glory of God. Romans 3:23
    But we are all as an unclean thing and all our righteousness are as filthy rags. Isaiah 64:6
    For the wages of sin is death. Romans 6:23(the word “death” in this verse means eternal separation, from God in hell).
    Come now,  and let us reason together,  saith the Lord: though your sins be as scarlet, they shall be as white as snow.Isaiah 1:18
    Christ died for our sins according to the scriptures and that He was buried and that He rose again the third day according to the scriptures.1CORINTHIANS 15:3-8
    In whom we have redemption through His blood, even the forgiveness of sins. Colossians 1:14
    For by grace ye are saved, through faith; and not of yourselves     
    it is the gift of God, not of works, lest any man should boast. Ephesians 2:8-9
    I do not frustrate the grace of God: for if righteousness come by the law, then Christ is dead in vein. Galatians 2:21
    If you would like to receive Jesus as your Savior. Realize that you are a hopeless sinner and tell Jesus that you trust in Him and only Him to save you from hell.
    The moment you trust in Jesus and His shed blood on the cross to pay for your sins, you are saved.
    After people get saved , God wants them to get baptized in the name of the Father and of the Son and of the Holy Spirit.

Leave a Reply

Your email address will not be published.

Back to top button