Is Donald Trump’s SPAC DWAC Undervalued or Overvalued?

Whether a SPAC is undervalued or overvalued is not easy to determine. As is the case with most SPACs, DWAC’s real value will be created or not created by it’s leadership team. DWAC might be substantially undervalued if the leadership is planning to grow the business either by in-house tech development or acquisitions and quickly consolidate businesses that do not have substantial differentiators.