Members of the public will be able to start purchasing shares of Donald Trump’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 & Technology Group, the parent company of Truth Social. The merger reportedly 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 were 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 noted Trump controls about 58% of Trump Media shares and now has a total…
