Republican Rep. Marjorie Taylor Greene on Friday invested up to $50,000 in the SPAC stock linked to Donald Trump's planned social media platform.
According to a public disclosure, Greene said she purchased a stake in Digital World Acquisition Corp., or DWAC, late last week.
Representative Marjorie Taylor Greene holds a press conference outside the U.S. Capitol following a private visit to the Holocaust Museum, to express contrition for previous remarks about Jewish people, in Washington, U.S. June 14, 2021.Rep. Marjorie Taylor Greene has invested up to $50,000 in the SPAC stock linked to former PresidentAccording to a public disclosure, Greene purchased a stake in Digital World Acquisition Corp., or DWAC, on Friday.
A representative for Greene, a Georgia Republican, did not immediately respond to CNBC's request for comment.last week said it would merge with Trump's planned new social media company the Trump Media & Technology GroupThat triggered a buying mania among retail investors in DWAC shares over two days last week, which drove the stock up more than 800%.
On Tuesday, Trump issued a statement about the new social media app he plans to roll out as well as an on-demand video streaming service.
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