Daily Wire is a fast-growing conservative media company founded by Ben Shapiro. As Daily Wire gains more influence and expands its business, many investors are interested in investing in this media upstart. There are a few options for investors to gain exposure to Daily Wire. The most direct way is to invest in its parent company DWAC through stocks or warrants. Investors can also invest in conservative media and podcasting ETFs that have exposure to Daily Wire. Finally, accredited investors may be able to invest in Daily Wire directly through private equity offerings.
Invest in DWAC to gain direct exposure to Daily Wire
DWAC is the ticker symbol for Digital World Acquisition Corp, which plans to take Daily Wire’s parent company Salem Media public through a SPAC merger. DWAC’s share price is directly tied to Daily Wire’s performance and growth prospects. Investors bullish on Daily Wire can invest in DWAC on public stock exchanges. Another option is to invest in DWAC warrants, which gives investors the right to buy DWAC common shares at $11.50 after the business combination with Daily Wire is completed. DWAC stocks and warrants offer the most direct avenue for retail investors to invest in Daily Wire.
Invest in conservative media ETFs with Daily Wire exposure
There are a few thematic ETFs focused on conservative media and podcasting that provide exposure to Daily Wire. Examples include the Point Bridge GOP Stock Tracker ETF (MAGA) and the Engine No. 1 Transform 500 ETF (VOTE). These ETFs invest in a basket of conservative media stocks including Salem Media, the parent company of Daily Wire. While the exposure may not be direct, investing in these ETFs offers a diversified way to gain exposure to the conservative media sector including Daily Wire.
Accredited investors can invest directly in private equity raises
Daily Wire is still a private company and has done private equity fundraising over the years. Accredited high-net-worth individuals have had opportunities to invest directly in Daily Wire’s equity in the past. Given Daily Wire’s growth trajectory, it may continue to raise private capital from investors leading up to the public listing via SPAC. Qualified and connected investors should pay attention to any such private equity offering from Daily Wire or Salem Media to invest directly.
For retail investors, DWAC stocks and warrants offer the most direct way to invest in Daily Wire. Conservative media ETFs provide indirect exposure. And accredited investors may have opportunities for direct private market investment.