TWTR - Trump SPAC Digital World falls on report Musk proposes completing Twitter deal
- Trump SPAC Digital World Acquisition ( NASDAQ: DWAC ) quickly dropped 4.8% amid a report that billionaire Tesla CEO Elon Musk has proposed completed his deal with Twitter ( NYSE: TWTR ).
- Twitter ( TWTR ) was halted and jumped 13% on a Bloomberg report that Musk has sent a letter to the company proposing to proceed with his $44B buyout deal at the agreed price of $54.20/share.
- Digital World, which is taking Trump's social media company and app Truth Social public, fell as some investors believe that a Twitter under Musk may allow Trump back on the Twitter social media platform.
- Developing story ...
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Trump SPAC Digital World falls on report Musk proposes completing Twitter deal