Digital World Acquisition Corp shareholders align with Truth Social, despite $49 million in losses. Draws parallels to tech giants like Twitter and Amazon that were unprofitable at their start. Truth Social aims to segment social media like TV and radio. Trump faces challenges using potential $3 billion gain to appeal New York judgment.
Key Points
Parallels drawn to unprofitable tech startups like Twitter and Amazon at their beginnings
Truth Social aims to segment social media by political leanings
Potential challenges for Trump to use $3 billion gain for legal appeal
Pros
Investors show support for Truth Social despite losses
Potential for Truth Social to grow and offer unique content
Shares of Digital World Acquisition Corp have soared
Cons
Truth Social facing significant losses
Challenges for Trump to use potential gains for legal matters