Where now for DWAC and Truth Social after Trump midterm election fail?

$Digital World Acquisition Corp (DWAC.US)$ stock price tanked on Wednesday by 19%, after the special purpose acquisition company ( $SPACs (LIST2541.US)$ ) merging with Trump Media & Technology Group $Trump-Related Stocks(N/A) (LIST2592.US)$ , in a mission to take Trump’s social media site, Truth Social public, suffered after the midterm election results fell short of Republican expectations.
DWAC stock has been going through a lot of upheaval. It recently got pummelled after news broke that $Tesla (TSLA.US)$ CEO Elon Musk had purchased social media site $Twitter (Delisted) (TWTR.US)$ . But DWAC took another hammering yesterday due to poor performance of the candidates Trump backed at the midterm elections.
So, where will DWAC and Truth Social head to now, after Trump’s epic midterm election fail?
$S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Nasdaq Composite Index (.IXIC.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$