Musk has claimed that the number of bots or spam accounts on Twitter is much higher than the company indicates, which has ultimately led the Tesla CEO to walk away from the $44 billion takeover deal.
Digital World is set to merge with Trump Media and Technology Group, which operates Twitter competitor platform Truth Social. As Twitter shares fall, DWAC shares are surging higher.
See Also: Elon Musk Breaks Silence On Aborted Twitter Deal With Memes: Here's What He Said
DWAC Price Action: Digital World has traded between $175 and $9.84 over a 52-week period.
The stock was up 11.6% at $27.36 at press time, according to data from Benzinga Pro.
Photo: Gage Skidmore from Flickr.
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
