Donald Trump Just Shared His First Post On Elon Musk's X — And It's A Mugshot
Portfolio Pulse from Ananya Gairola
Donald Trump has posted his first tweet on X, formerly known as Twitter, since his ban in 2021. The platform was acquired by Elon Musk and rebranded as X. Trump's tweet included a mugshot from his booking at Fulton County jail, related to felony charges linked to an alleged plan to overturn the presidential election results in Georgia. Trump also routinely posts on Truth Social, owned by Trump Media & Technology Group, which is set to merge with Digital World Acquisition Corp (NASDAQ:DWAC).
August 25, 2023 | 2:14 am
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NEUTRAL IMPACT
Trump's activity on social media platforms, including Truth Social owned by a company set to merge with Digital World Acquisition Corp (NASDAQ:DWAC), could potentially influence the stock price of DWAC.
Trump's return to social media platforms, including Truth Social, could potentially influence the public perception and popularity of these platforms. As Truth Social is owned by a company set to merge with DWAC, this could indirectly affect the stock price of DWAC. However, the exact impact is uncertain and depends on various factors, including the public's reaction to Trump's posts and the overall market conditions.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70