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TRUTH Social vs Facebook Vs Twiter Market Cap

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NASDAQ:DWAC   None
DWAC has a Market Cap of only 1.635B, but let`s put the less upside potential 1.7Bil usd at 10usd valuation, then the value of Trump Media & Technology Group should be 7.7Bil.

Twitter has 52Bil mk cap, so still a 6.7Xupside.

FB Facebook, Inc. has a Market Cap of 963.91B, so 99X from here.

what is your price target for DWAC???

Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger agreement.

The transaction values TMTG at an initial enterprise value of $875 Million, with a potential valuation of up to $1.7 Billion depending on the performance of the stock price post-business combination.

Truth Social is aiming for a beta launch in November.

TRUTH Social will be a competitor to Twitter and Facebook .

TMTG+ will compete with Netflix and Disney+.

TMTG news will compete with CNN and iHeart Radio.

They have also plans for a Tech Stack that includes web hosting (vs Amazon Cloud) and payment processing software (vs PayPal).

Could this be the new Twitter / Facebook platform?

Can we expect a retracement to January 2021 area because of TRUTH Social gaining momentum and market share?

I`m looking forward to read your opinion about it!





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