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Trump-linked SPAC's shares surge as Truth Social app tops Apple downloads

Truth Social was downloaded 170,000 times since its launch, according to research firm Apptopia

Former US President Donald Trump (File photo: Reuters)
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Former US President Donald Trump (File photo: Reuters)

Reuters
Shares of Digital World Acquisition Corp , the blank-check company behind former U.S. President Donald Trump's new social media venture, Truth Social, rose about 14% on Tuesday as the app topped downloads on Apple's App Store after its launch late on Sunday.

Truth Social was downloaded 170,000 times since its launch, according to research firm Apptopia.

The app's launch could mark Trump's return to social media after he was banned from Twitter Inc, Facebook and Google following an attack on the U.S. Capitol by his supporters last year.

Digital World's shares jumped 14% to $96.36, levels last seen in October, days after the

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First Published: Feb 22 2022 | 8:16 PM IST

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