‘I’M BACK:’ Donald Trump Returns Online On TRUTH Social, Sends Digital World SPAC Stock Soaring

Former U.S. President Donald Trump is reportedly back on social media after a long hiatus. Not on Twitter Inc (NYSE: TWTR) or Meta Platforms Inc’s (NASDAQ: FB) Facebook and Instagram, but TRUTH Social, a platform that has his financial backing.

What Happened: Trump posted “I’M BACK! #COVFEFE” On TRUTH Social, according to media reports. 

This is his first social media message in more than a year, following his suspension from Twitter and Facebook in January 2021 over his posts that were said to have incited a mob that stormed Capitol Hill, protesting against the legitimacy of President Joe Biden’s electoral victory.

The post also had a photograph of Trump standing on a lawn, poring over his phone, reportedly outside his Mar-a-Lago country club in West Palm Beach, Florida.

The #COVFEFE hashtag is a reference to his 2017 tweet, wherein he criticized the media for critical coverage. “Despite the constant negative press covfefe…” his tweet said back then.