Donald Trump’s sagging fortune is suddenly poised to get a massive boost from meme-stock mania.
News late Wednesday that the former president’s nascent media enterprise, Trump Media & Technology Group, is planning to go public via a special purpose acquisition company has sent retail investors into a frenzy, even with few details released. The stock gain drove the implied value of the new venture to more than $8.2 billion.
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October 23, 2021 at 07:15PM
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Trump's Tech SPAC Could Make Him Billions With Meme-Stock Frenzy - Bloomberg
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