Trump’s SPAC Deal Leaves Door Open for His Return to Twitter

The merger deal bringing Donald Trump’s media venture public carries a range of risks for its investors, including permission for the former president to resume tweeting about politics on rival social media platforms he has denounced like Twitter Inc.

Trump, who will be chairman of the combined company that will bear his name, is free to post on other sites about “political messaging, political fundraising or get-out-the-vote efforts,” according to a filing from Digital World Acquisition Corp. The firm is a publicly traded special-purpose acquisition company or SPAC that’s buying Trump Media & Technology Group.

Donald Trump and Elon Musk

Photographers: Al Drago, Andrew Harrer/Bloomberg

The terms create ...