U.S. markets open in 6 hours 23 minutes
  • S&P Futures

    4,537.00
    +28.50 (+0.63%)
     
  • Dow Futures

    34,240.00
    +238.00 (+0.70%)
     
  • Nasdaq Futures

    15,931.25
    +61.50 (+0.39%)
     
  • Russell 2000 Futures

    2,168.00
    +21.70 (+1.01%)
     
  • Crude Oil

    66.67
    +1.10 (+1.68%)
     
  • Gold

    1,775.70
    -8.60 (-0.48%)
     
  • Silver

    22.33
    -0.00 (-0.02%)
     
  • EUR/USD

    1.1321
    -0.0001 (-0.01%)
     
  • 10-Yr Bond

    1.4340
    0.0000 (0.00%)
     
  • Vix

    31.12
    +3.93 (+14.45%)
     
  • GBP/USD

    1.3285
    +0.0008 (+0.06%)
     
  • USD/JPY

    113.1870
    +0.4070 (+0.36%)
     
  • BTC-USD

    56,907.16
    -166.73 (-0.29%)
     
  • CMC Crypto 200

    1,448.51
    -20.57 (-1.40%)
     
  • FTSE 100

    7,168.68
    0.00 (0.00%)
     
  • Nikkei 225

    27,753.37
    -182.25 (-0.65%)
     

SPAC planning merger with Trump Media jumps in premarket trade

SPAC planning merger with Trump Media jumps in premarket trade
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Digital World Acquisition Corp. jumped 44%, and its A-class shares gained 30%, after announcing a plan to merge with Trump Media Technology Group, which aims to launch a social-media platform backed by former President Donald Trump. The transaction values the Trump media group at an enterprise value of $875 million, the company said. What's called Truth Social is aiming for a beta launch in November, and Trump Media Technology also is planning to launch "non-woke" entertainment programming, news