Former President Donald Trump was banned from several social media platforms in the wake of the Jan. 6, 2021 attack on the U.S. Capitol.

Here’s a look at what’s next for Trump in the social media world and how investors would have done investing in social media stocks that banned the former president.

“After close review of recent tweets from the @realDonaldTrump account and the context around them – specifically how they are being received and interpreted on and off Twitter – we have permanently suspended the account due to the risk of further incitement of violence,” Twitter said at the time.

“I do think that it was not correct to ban Donald Trump,” Musk said. “I think that was a mistake, because it alienated a large part of the country and did not ultimately result in Donald Trump not having a voice,” Musk said.

Prior to his suspension on Twitter, Trump had 89 million followers, which would rank him eighth on the platform today.

Truth Social and Digital World Acquisition faces challenges ahead with several investigations tied to the platform and news out Thursday that the trademark for Truth Social was denied by the U.S. Patent and Trademark Office.

Digital World Acquisition also has an upcoming shareholder meeting to vote on an extension for the SPAC deadline. Without the extension, the company will have until March to complete its merger or face liquidation.

Here’s a look at how Twitter, Meta Platforms and Digital World Acquisition have performed.

Related Link: Donald Trump Added The Patent Office To List Of Government Agencies He's Fighting

Investing $1,000 in TWTR, META, DWAC: Twitter announced a permanent ban for Trump on Jan. 8 after the market close. A $1,000 investment on the following Monday (Jan. 11, 2021) at the open could have purchased 21.24 shares. The $1,000 investment would be worth $871.90 today, a 12.8% decline.

Meta Platforms announced a ban on Trump on Jan. 7, 2021. A $1,000 investment at the time could have purchased 3.76 shares. The $1,000 investment would be worth $634.61 today, a 36.5% decline.

Trump being banned is likely not the only reasons the companies have seen shares fall, with major technology stocks seeing drops in 2022 on macro issues and earnings.

On the flip side, an investor who purchased shares of Digital World Acquisition after the SPAC deal was announced could have done better.

The SPAC deal was announced after market close on Oct. 20, 2021. A $1,000 investment in Digital World Acquisition shares at open on Oct. 21, 2021 could have purchased 78.55 shares. The $1,000 investment would be worth $2,310.94 today, an increase of 131%.

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