Trump's social media company just keeps losing money
Briefly

Donald Trump's Truth Social platform faced financial challenges with minimal ad revenue, reporting $770,000 compared to Meta's $36.4 billion in the same period.
Despite going public and Trump's involvement, Truth Social saw a decrease in ad revenue, with losses totaling $13.1 million from operations and $327.6 million including IPO costs.
The company's stock price is valued at nearly $6 billion, with Trump controlling $4 billion, while revenue remains significantly low compared to valuation, affecting long-term prospects.
Read at Mother Jones
[
add
]
[
|
|
]