"Trump's DWAC Stock Surges Amid Media Merger and Meme-Stock Frenzy"

Donald Trump's social-media company, Truth Social, is set to go public via a SPAC called Digital World Acquisition Corp (DWAC), with investors eagerly anticipating the merger despite the company's financial struggles and lack of active user data. Trump's liquidity crunch, including a half-billion dollar fine and difficulty securing a bond, raises concerns about his ability to capitalize on his stake in the new entity. Critics warn of economic reality sinking in eventually, as historically, most SPACs have lost value post-merger, but fervent supporters remain convinced of the company's potential.