Digital World Acquisition Corp. , the so-called blank check group tied to former President Donald Trump's nascent media company, surged higher Tuesday after the 'Truth Social' app topped all downloads on Apple's online store.

The launch of the app on Presidents' Day marked nearly a year after Trump was permanently suspended from several social media platforms, including Twitter , Facebook and YouTube , following his role in inciting the violent protestors who stormed Capitol Hill on January 6, 2021.

The app, which was developed by Trump Media & Technology Group, is finding technical support and financial backing from the right-wing YouTube rival Rumble, as well as conservative investors such as former Facebook board member Peter Thiel.