The Mystery Man Shorting the Trump SPAC

Iceberg Research founder Arnaud Vagner says the short bet reflects concerns about the SPAC deal terms, not the politics of Donald Trump.

Richard Teitelbaum October 28, 2021

Donald Trump

(Dylan Hollingsworth/Bloomberg)

Arnaud Vagner is no household name — even in the rarified world of short-selling where he plies his craft. The reclusive founder of short-selling firm Iceberg Research nevertheless turned heads this week when he tweeted that his firm is betting against Digital World Acquisition Corp. —

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Contact Info

New York
1270 Avenue of the Americas, Suite 1100
New York, NY 10020
P: +1 212 224 3300

London
4 Bouverie Street
London EC4Y 8AX
P: +44 207 779 8888

Hong Kong
Unit 2488, 24/F
Lee Garden One,
33 Hysan Avenue
Causeway Bay, Hong Kong
P: +852 2912 8001

Corporate

About Us

Leadership Team

Careers

II Press Room

Digital

Masthead

Thought Leadership

Display Advertising

Reprints

FAQs

Events

Events Calendar

Memberships

Subscription

Subscribe to Premium

Register

Register for Free Account

Newsletters

Sign up for II newsletters

© 2025 Institutional Investor LLC. All material subject to strictly enforced copyright laws. Please read our Terms & Conditions, Modern Slavery Act Transparency Statement, Accessibility Statement and Privacy Policy before using the site.

4.12.03 build:2025-12-12 Login