Donald Trump.
Donald Trump.
  • Digital World Acquisition stock surged 11% after former President Donald Trump was indicted.
  • Digital World is a SPAC that plans to merge with Trump's social media company, Truth Social.
  • After the indictment on Thursday, Trump posted to his Truth Social account more than 45 times.

Shares of Digital World Acquisition, the SPAC that plans to merge with Donald Trump's Truth Social media company, surged as much as 11% on Friday after the former president was indicted by a Manhattan grand jury.