Home IPO Trump Media SPAC Skids After Musk’s Twitter Buy, Top Execs Exit

Trump Media SPAC Skids After Musk’s Twitter Buy, Top Execs Exit

by Vidya

The company set up to debut a new social media venture from former President Donald Trump slid for its seventh straight day Monday, cratering on news that two major executives would leave and that its competitor, Twitter, now counts Elon Musk as its largest shareholder.

Shares in Digital World Acquisition Corp.  (DWACU) – Get Digital World Acquisition Corp. Report dropped by more than 14% in Monday trading, after Reuters reported that Chief of Product Development Billy Boozer and Chief of Technology Josh Adams were leaving the company that makes the Truth Social app.



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