President Trump's SPAC is up ~15x in the span of two trading days (we are at the beginning of the second trading day). The Trump SPAC, trading under ticker DWAC is the vehicle that will take Trump's social media company public.
IMO, this SPAC is a sign of Trump's popularity among Americans.
Seems like there's a pretty good chance his Social Network will have a fate similar to his Airline, Football Team, Beverage Company, Casinos, University, Charity, Steak Company, Vodka Company, Magazine and Presidency. (what am I missing, there's gotta be a few more)