Trump’s Truth Social lost $16.4 million last quarter and had under $1 million in revenue
Trump’s Truth Social, the latest venture from the former President, seems to be struggling financially. Recent reports indicate that the social media platform lost a whopping $16.4 million last quarter and had revenue of under $1 million. This dismal performance has raised questions about the viability of the platform, with many critics labeling it as nothing more than a fake company designed to funnel money to Trump himself.
It’s astounding to see a social media platform, supposedly built around the idea of free speech, struggle to generate any meaningful revenue. With quarterly revenue in the thousands, it’s clear that Truth Social is not living up to its grand promises.… Continue reading
John Q. Hosedrinker