Even amid registration glitches and a prolonged waitlist, President Trump’s new Reality Social app obtained 170,000 downloads in its first day accessible, based on information from AppTopia, a website that tracks the app ecosytem.
The previous president’s new firm, Trump Media & Know-how Group, launched the app late Sunday night—simply forward of the President’s Day vacation. However it’s unclear whether or not any customers have made it onto the app. Some reported issues registering accounts on Monday after which encountering a notification that they had been 1000’s of locations behind in a queue to entry the app. For now, it is just accessible as an Apple app and ranked as excessive as No. 1 on Apple’s obtain chart Monday.
The downloads Trump’s app obtained far outstrip what competing apps see on a median day. TMTG joins a crowded area of different corporations hoping to do the identical factor: give a brand new residence to conservatives and others indignant at present social networks like Twitter and Fb. For perpspective, Parler has averaged solely about 1,500 downloads per day on Apple over the past month, whereas Rumble (10,600) and Gettr (12,050) have carried out barely higher, based on AppTopia information.
Curiosity in Trump’s plans have bled over onto the general public markets. Shares for the publicly traded shell firm that Trump intends to show into TMTG by a SPAC rose sharply in pre-market buying and selling. The inventory is up over 20% to $101.32, a stage that might mark an all-time excessive for the shares and a barometer of continued investor curiosity within the president’s plan to construct a social media firm to problem present ones like Twitter and Fb.
Trump, after all, used each these platforms adeptly throughout his presidency earlier than they banned him after the Jan. 6 riots. In October, he introduced his intention to start out a competiting service and take it public by a SPAC, a brand new methodology of itemizing a public firm that has led to risky outcomes over the past 12 months. TMTG joins a crowded area of different apps hoping to win over conservatives, together with Parler, Rumble and Gettr. In December, TMTG mentioned then Rep. Devin Nunes, a longtime Trump supporter, would depart workplace to turn out to be the corporate’s CEO.