Trump's Social Media Company Surges in Nasdaq Debut, Reaches Market Value of Nearly US$6.8 Billion

On March 26, Trump Media & Technology Group Corp. was acquired by Digital World Acquisition Corp., resulting in a significant increase in market value. The initial market valuation of Trump Media was approximately $6.8 billion before trading began on the Nasdaq. The shares opened at $73.50, representing a 47% increase. Wall Street has assigned Trump Media an estimated valuation of around $13 billion.