Trump’s tech Spac could make him billions with meme stock frenzy

October 24, 2021 12:51 PM

NEW YORK (BLOOMBERG) – Donald Trump’s sagging fortune is suddenly poised to get a massive boost from meme-stock mania. News last week that the former president’s nascent media enterprise, Trump Media & Technology Group, is planning to go public via a special purpose acquisition company (Spac) has sent retail investors into a frenzy, even with few details released.

Source : http://www.straitstimes.com/business/companies-markets/trumps-tech-spac-could-make-him-billions-with-meme-stock-frenzy