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DWAC Trump Media & Technology Group to rival Twitter & Facebook

Long
NASDAQ:DWAC   None
Besides the Ideological Investing as a strong push back against the “liberal media consortium” that banned President Trump, Twitter and Facebook retraced from their highs while DWAC was rising.

Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger agreement.

The transaction values TMTG at an initial enterprise value of $875 Million, with a potential valuation of up to $1.7 Billion depending on the performance of the stock price post-business combination.

TRUTH Social will be a competitor to Twitter and Facebook .

TMTG+ will compete with Netflix and Disney+.

TMTG news will compete with CNN and iHeart Radio.

They have also plans for a Tech Stack that includes web hosting (vs Amazon Cloud) and payment processing software (vs PayPal).

Could this be the new Twitter / Facebook platform?

Don`t know if you have seen my comparison here:

or my first call on DWAC:

Looking forward to read your opinion about it!


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