This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Trump Social-Media SPAC Could Make Its Backers $440 Million
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Markets > Trump Social-Media SPAC Could Make Its Backers $440 Million
Markets

Trump Social-Media SPAC Could Make Its Backers $440 Million

Editorial Board Published October 27, 2021
Share
Trump Social-Media SPAC Could Make Its Backers 0 Million
SHARE

The obscure financiers who launched the shell company that is taking former President Donald Trump’s social-media venture public are poised for a big payday if the deal gets completed.

The total windfall would stand at about $440 million at the stock’s current price, after shares skyrocketed more than sixfold following the deal’s announcement. The pay framework isn’t Trump-specific—it comes from the distinctive structure of special-purpose acquisition companies, or SPACs, such as Digital World Acquisition Corp.

TAGGED:MarketsPAIDWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article Top U.S. general sounds alarm over China’s hypersonic weapons test Top U.S. general sounds alarm over China’s hypersonic weapons test
Next Article Rent the Runway Shares Fall in Public Market Debut Rent the Runway Shares Fall in Public Market Debut

Editor's Pick

Nicki Minaj Calls Cardi B’s Daughter ‘Ugly’; Cardi Shoots Again That Nicki’s Son Is Nonverbal Because of Drug Use Throughout Being pregnant

Nicki Minaj Calls Cardi B’s Daughter ‘Ugly’; Cardi Shoots Again That Nicki’s Son Is Nonverbal Because of Drug Use Throughout Being pregnant

Studying Time: 3 minutes The Nicki Minaj vs. Cardi B beef has been occurring for years. Like, mainly for so…

By Editorial Board 4 Min Read
French Impressionism from Museum Langmatt on the Belvedere
French Impressionism from Museum Langmatt on the Belvedere

From 24 September 2025 to eight February 2026, the Belvedere presents the exhibition…

2 Min Read
Nicole Kidman and Keith City: Wow! It is Over After 20 Years!
Nicole Kidman and Keith City: Wow! It is Over After 20 Years!

Studying Time: 3 minutes We’ve obtained a tragic shocker out of Hollywood:…

4 Min Read

Oponion

Strike dodged with deal between film and TV crews, studios

Strike dodged with deal between film and TV crews, studios

LOS ANGELES (AP) – An 11th-hour deal was reached Saturday,…

October 17, 2021

Fed Rate-Setting Panel Gets New Members Amid Rate Expectations

Federal Reserve regional bank presidents who…

December 31, 2021

Latin America’s socialist experiments depart devastating path of financial collapse and poverty

FOX Enterprise anchor David Asman joins…

October 3, 2025

Hundred fairness sale – GMR agree deal for Southern Courageous to conclude Hundred sell-off

GMR Group have, as anticipated, secured…

February 13, 2025

US Territory Puerto Rico And Hashish

By Amy Hansen, The Recent Toast…

November 21, 2024

You Might Also Like

Traders have fun Japan’s ‘Iron Lady’ election win
Markets

Traders have fun Japan’s ‘Iron Lady’ election win

Federated Hermes CIO Stephen Auth weighs in on Japan's first elected feminine prime minister and provides an concept on what…

3 Min Read
Tesla teases Tuesday announcement with social media movies
Markets

Tesla teases Tuesday announcement with social media movies

Niles Funding Administration founder and portfolio Dan Niles discusses Tesla’s potential $1 trillion compensation plan for Elon Musk on ‘The…

5 Min Read
Gold FOMO may push steel to ,000
Markets

Gold FOMO may push steel to $4,000

Pacer ETFs President Sean O’Hara discusses the advantages of ETFs and lays out his favourite investments on ‘The Claman Countdown.’…

3 Min Read
OpenAI turns into world’s most respected non-public firm with 0B valuation: report
Markets

OpenAI turns into world’s most respected non-public firm with $500B valuation: report

OpenAI CFO Sarah Friar joins Mornings with Maria to debate main investments from NVIDIA, SoftBank, and others, the U.S.–China AI…

5 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?