Rep. Marjorie Taylor Greene bought shares of Trump SPAC Digital World Acquisition as stock skyrocketed

Posted on AllSides October 27th, 2021
From The Center
Erin Scott | Reuters

Rep. Marjorie Taylor Greene has invested up to $50,000 in the SPAC stock linked to former President Donald Trump’s planned social media platform.

According to a public disclosure, the Georgia Republican purchased a stake in Digital World Acquisition Corp., or DWAC, on Friday. The stake is worth at least $15,000 but no more than $50,000.

DWAC, a special purpose acquisition company, last week said it would merge with a new social media company Trump said he has planned, the Trump Media & Technology Group.

That triggered a buying mania among retail investors in...

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