https://www.vice.com/en_us/article/7kbzde/wallstreetbets-is-all-in-on-dwac-the-company-behind-trumps-new-media-empire

Reddit’s WallStreetBets community, framed by many as heroic for railing against the establishment and bringing Wall Street to its knees by pumping GameStop stock while hedge funds shorted it, are all in on a blatant cash grab and delusional internet infrastructure company created by former President Donald Trump.

Essentially the only topic of conversation on WallStreetBets right now is Digital World Acquisition Corp (DWAC), the holding company that is taking Donald Trump’s Trump Media and Technology Group public. In the last 48 hours, DWAC stock has gone from $10 a share to $130 per share, resulting in the kind of frenzy we’ve most famously seen associated with GameStop.