DWAC investors are concerned about increased competition from a Twitter run by Musk, who has argued that his bid for TWTR is really about free speech.Įarlier, Elon Musk banned from tweets disparaging Twitter under deal agreement. Shares of DWAC have been weak in recent weeks following the disclosure that Musk had taken a large stake in Twitter. Trump, who has been banned from Twitter ( TWTR), Facebook ( FB) and Google ( GOOGL), is marketing Truth Social as an alternative outlet to those social-media giants. This content might not be appropriate for people under 18 years old. 1 app in Apple's App store on the Top Charts page on Tuesday after it originally held the same spot when Truth Social launched in late February. Take a moment to think about how you apply it and take a read of our Brand Guidelines for examples of how we like you to use it. Truth Social was also listed as the No.The share gains reversed a 13% decline on Monday after the Twitter deal with Musk was announced. Shares of DWAC gained for a second day in a row after Trump on Monday said he wouldn't go on Twitter ( TWTR) even if Musk invited him back on the platform and as he said he planned to post on Truth Social soon.The tweet includes a shot showing Truth Social is listed in Top Charts as No.
"Truth Social is currently beating Twitter & TikTok on the Apple Store," Musk, who is set to become the owner of Twitter ( TWTR) when his $44 billion deal for the company closes, tweeted earlier.