Digital World Acquisition Corp. and Phunware Inc. both skyrocketed into popularity in late October 2021 when it was announced Digital World, a SPAC, would merge with Trump Media and Technology Group.
Phunware, which had partnered with Trump during his 2020 reelection campaign soared higher both due to its connection to Trump and because Bitcoin, which Phunware acquires, was running toward its Nov. 10 all-time high of $69,000 at that time.
