Donald Trump Mug Shot Success: Here's How Much Former President Raised After Viral Image, What It Means In Race Against DeSantis
Portfolio Pulse from Chris Katje
Former President Donald Trump's campaign team announced they raised $45.5 million during the months of July, August, and September, partly due to the viral mug shot of Trump. The campaign has $37.5 million on hand entering October, with $36 million available for the 2024 Republican primary race. This is significantly more than what Ron DeSantis raised during the same period. The news could benefit Digital World Acquisition Corp (NASDAQ:DWAC), which is merging with Trump Media & Technology Group.

October 05, 2023 | 5:42 pm
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The fundraising success of Trump's campaign could benefit Digital World Acquisition Corp (NASDAQ:DWAC), which is in the process of merging with Trump Media & Technology Group.
The news of Trump's successful fundraising could increase investor confidence in DWAC, as it is merging with Trump Media & Technology Group. This could potentially lead to an increase in DWAC's stock price in the short term.
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