Truth Social merger partner’s shares rise after Trump weighs in on Elon Musk Twitter deal

  • Shares of DWAC, the SPAC that is supposed to take Donald Trump’s Truth Social, rose Friday.
  • The decline comes as Twitter is taken over by Elon Musk, who previously said he would reinstate Trump’s account.
  • Trump created Truth Social after he was banned from Twitter following the Jan. 6, 2021, Capitol riot.