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A comment on Elon Musk owns 9.2% of Twitter. Parent comment

Re:Elon Musk owns 9.2% of Twitter by dagw on Monday April 04, 2022 @08:23AM (#30905801)
Trump’s Truth Social is worth over $10B

Source? While it was apparently over $20B at the peak of its value, according to https://www.cnbc.com/quotes/DWAC it seems to currently be bellow $2.5B

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Re:Elon Musk owns 9.2% of Twitter by drexlspivey on Monday April 04, 2022 @09:48AM (#30906594)
That’s just the float of the SPAC, the merger didn’t go through yet. The prospectus says that after the merger there will be 193.4 million shares outstanding so multiply 193m with the stock price to get a pro forma market cap of $11+B
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Re:Elon Musk owns 9.2% of Twitter by bpicolo on Monday April 04, 2022 @08:58AM (#30906087)
They SPACd before launching a product? Jeez.
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Re:Elon Musk owns 9.2% of Twitter by missedthecue on Monday April 04, 2022 @05:32PM (#30912194)
that's most SPACs.
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Re:Elon Musk owns 9.2% of Twitter by colinmhayes on Monday April 04, 2022 @10:09AM (#30906820)
Matt Levine was having a field day
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