On Monday, Trump Media & Technology Group (DJT) completed its merger with Digital World Acquisition Corp. and began trading publicly, with shares rising more than 16% in their market debut. The company, which includes Trump’s social media platform Truth Social, saw a significant increase in value following the merger. DJT closed Tuesday’s session at $57.99 per share.

Trump’s decision to launch Truth Social came after he was banned from mainstream platforms like Facebook and Twitter. Despite being pushed back to these platforms, Trump has remained loyal to Truth Social. As the majority shareholder in DJT, Trump holds about 78 million shares in the company. The success of Truth Social and the positive response from investors contributed to the rapid increase in the value of DJT shares. Trump’s presence at the company helped bolster confidence in its future growth and potential for further market success.

By Samantha Johnson

As a dedicated content writer at newspuk.com, I immerse myself in the art of storytelling through words. With a keen eye for detail and a passion for crafting engaging narratives, I strive to captivate our audience with each piece I create. Whether I'm covering breaking news, delving into feature articles, or exploring thought-provoking editorials, my goal remains constant: to inform, entertain, and inspire through the power of writing. Join me on this journalistic journey as we navigate through the ever-evolving media landscape together.

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