Members of the public will be able to start purchasing shares of <a href="https://www.dailywire.com/topic/donald-trump" target="_blank" rel="noopener">Donald Trump</a>’s media company under the name “DJT” on Tuesday, giving the former president a major financial boost as he faces a slew of court cases and continues his 2024 White House campaign. 
The move comes after a merger was finalized between Digital World Acquisition (DWAC) and the Trump Media &amp; Technology Group, the parent company of Truth Social. The merger <a href="https://www.bloomberg.com/news/articles/2024-03-25/donald-trump-6-4-billion-net-worth-makes-him-one-of-world-s-richest-people" target="_blank" rel="noopener">reportedly</a> increases Trump’s net worth by over $4 billion and land him on Bloomberg Billionaires Index for the 500 wealthiest people in the world. 
Shares of DWAC <a href="https://www.google.com/search?q=DWAC+shares&amp;client=safari&amp;sca_esv=f25fd1d09a6b1709&amp;channel=mac_bm&amp;source=hp&amp;ei=KuwBZt36BN_HkPIPi_qlsA8&amp;iflsig=ANes7DEAAAAAZgH6OmdX7SkH9nsbxTglaxjmltJlNurP&amp;ved=0ahUKEwjdt9SurZCFAxXfI0QIHQt9CfYQ4dUDCBY&amp;uact=5&amp;oq=DWAC+shares&amp;gs_lp=Egdnd3Mtd2l6IgtEV0FDIHNoYXJlczILEAAYgAQYsQMYgwEyBRAAGIAEMgYQABgWGB4yCxAAGIAEGIoFGIYDMgsQABiABBiKBRiGA0jsAVAAWABwAHgAkAEAmAHSAaAB0gGqAQMyLTG4AQPIAQD4AQL4AQGYAgGgAtsBmAMAkgcDMi0xoAfcAw&amp;sclient=gws-wiz">were</a> just under $50 by late Monday afternoon, up about 186% since the start of the year. On Tuesday, the company will be traded under “DJT” on the Nasdaq stock exchange after merging with Trump Media. 
Bloomberg News <a href="https://www.bloomberg.com/news/articles/2024-03-25/donald-trump-6-4-billion-net-worth-makes-him-one-of-world-s-richest-people" target="_blank" rel="noopener">noted</a> Trump controls about 58% of Trump Media shares and now has a total net worth reach about $6.4 billion. But CNBC <a href="https://www.cnbc.com/2024/03/25/truth-social-owner-trump-media-will-begin-trading-under-djt-ticker-tuesday.html" target="_blank" rel="noopener">reported</a> that the former president will have to sit on his shares for at least six months due to trading rules.
The rapid rise of DWAC shares has been in part attributed to Trump supporters who bought into the company in part to back the former president amid his 2024 campaign and legal battles. The media company is valued <a href="https://www.nytimes.com/2024/03/25/business/trump-media-trading-tuesday.html" target="_blank" rel="noopener">much higher</a> than the $3.3 million revenue that was reported for Truth Social from January to September 2023. 
The merger was finalized on Monday after months of negotiations with DWAC CEO Eric Swider to join Trump Media as director.
<a href="https://onelink.to/dwapp" target="_blank" rel="noopener noreferrer" aria-describedby="sk-tooltip-9096" data-saferedirecturl="https://www.google.com/url?q=https://onelink.to/dwapp&amp;source=gmail&amp;ust=1700760801843000&amp;usg=AOvVaw2PQrVSrJfhxNb4LcARqniG">CLICK HERE TO GET THE DAILYWIRE+ APP</a>
“As a public company, we will passionately pursue our vision to build a movement to reclaim the Internet from Big Tech censors,” Trump Media CEO Devin Nunes said in a statement. “We will continue to fulfill our commitment to Americans to serve as a safe harbor for free expression and to stand up to the ever-growing army of speech suppressors.”
Members of the board of Trump media include Nunes, the former president&#8217;s son Donald Trump Jr., and former Trump administration officials including Kash Patel, Robert Lighthizer, and Linda McMahon.
The business news comes as a New York appeals court ruled on Monday that Trump can have <a href="https://www.dailywire.com/news/trump-scores-legal-win-as-new-york-appeals-court-allows-him-to-post-lower-bond-in-civil-fraud-judgment" target="_blank" rel="noopener">an extra 10 days</a> to post a reduced $175 million bond as he challenges a $464 million civil fraud judgment against him, his sons, and his company.

<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Trump’s Media Company To Go Public, Be Traded Under ‘DJT’ On Stock Market

CONTINUE READING

Trump Admin Steps In After Female Students Raise Alarm Over School’s Trans Policy

Republicans’ Latest Pro-Union Move Has Some Conservatives Sounding The Alarm

Graham Platner Finds A Scapegoat After Reports On Sexual Escapades

‘Kill ICE’ Rioters Came Prepared. So Did Police.

Abortions, Trans Summer Camps… See What Else James Talarico’s Church Bankrolls

Trump Dismantles Jill Biden’s ‘Stroke’ Claim

News

2024 Election

Devin Nunes

Donald Trump

Stock Market

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

Trump’s Media Company To Go Public, Be Traded Under ‘DJT’ On Stock Market