Pro-Trump Rep. Invests Big Time in Trump

Gage Skidmore via Flickr

Conservative firebrand Congresswoman Marjorie Taylor Greene (R-GA) invested up to $50,000 in a company that will fund the creation of a new social media platform led by 45th President Donald Trump, reports say. 

Forbes reports:

Greene purchased between $15,001 and $50,000 worth of Digital World Acquisition Corp. (DWAC) stock Friday, according to the disclosure.

DWAC, a special purpose acquisition company, is planning to merge with a new firm called the Trump Media and Technology Group to create a social media platform called TRUTH Social, which is billed as a “rival to the liberal media consortium.”

After the announcement of the new platform last week, the share price of DWAC surged more than 17 times, peaking at $175 on Friday morning.

The price quickly dropped from that high, closing at $94.20 on Friday, before sinking further this week—it was trading around $60 early Wednesday afternoon.



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