Free Republic

Former President Donald Trump just landed another $1.8 billion worth of stock in the corporate owner of Truth Social. Trump Media & Technology Group disclosed the windfall for Trump in a filing Tuesday, saying the former president has received another 36 million shares in the company. That bonus, known as “earnout” shares, was triggered by the company’s share price staying above certain levels. Trump Media said in the filing that on April 26 it officially determined the performance criteria “had been satisfied” and Trump was “subsequently issued the Earnout Shares.” At current prices, those new shares are valued at approximately...

DWAC stock could be worth chance as the Trump SPAC is far from doneIn an age where polarization is king, Digital World Acquisition Corp. (NASDAQ:DWAC) stock makes a lot of sense. The special purpose acquisition company (SPAC) has agreed to merge with former President Donald Trump’s social media venture, Truth Social. Truth Social is extremely interesting in and of itself. Essentially, investors who believe in its cause should have plenty of reason to consider purchasing DWAC shares.

My wife is not a big fan of President Trump. So when I got back from covering the Trump rally in Wildwood Tuesday, she asked me a question: “Were there any empty seats?” Were there any empty seats at Woodstock? I’ve never covered a Trump event that didn’t evoke images of that 1969 rock festival. As with Woodstock, the organizers have no need to advertise the event widely. The mere mention of it is enough to attract massive throngs of the faithful. Another similarity is the opportunity to hear a lot of great rock music from the 1960s. I arrived...