Savvy business man wants to start a new social media company based on preserving the principles of free speech. Such a platforn would be a magnet for billions of people around the world, so the customer base is built in. Not sure what revenue model they are going to use but step one is to have the customers and it will.

Trump and team are well funded already, and would have no problem getting any amount of additional investment if it's needed, so creating a great platform (rumor is its been in the works for years) is possible. Acquisitions may be part of the strategy as well so launching a multi faceted, hi tech, functional platform is certainly feasible.

Not sure if you know how Special Acquisition Companies or SPACs work, but DWAC is not the company that is being launched, it's the vehicle to set up the new company on a public stock exchange. By design, the real market value of DWAC is only $10/share yet it trades between $60-$100 and has been as high as 175. This shows demand and proof that the market believes its undervalued, even without knowing exactly what it is.

Now this is not a GME, but there is significant short interest on it and at the time of conversion, there will be significant buying to cover the short positions, which will launch the price on its own.

So, competent management, desirable product, large and loyal customer base, potentially good tech, built in demand on the stock, I'd say it's a good investment.