Trump’s Successful Stock Market Debut: 16% Gain on Monday, 50% Increase on Tuesday.

On Monday, the merger between Trump Media and Digital World Acquisition Corp. was finalized, paving the way for DJT to begin trading on the stock market. Following its market debut, the company saw a remarkable gain of more than 16%, with shares continuing to rise by another 16% premarket. This surge in stock prices comes after Donald Trump’s social media company experienced a massive 50% increase in value just minutes after becoming publicly traded on Tuesday.

Truth Social, Trump’s social media platform, was developed after he was banned from mainstream platforms like Facebook and Twitter. Despite being reinstated on those platforms, Trump has remained loyal to Truth Social. He is the majority shareholder of DJT, holding approximately 78 million shares in the company, according to recent filings.