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Trump touts ‘very solid’ Truth Social after parent company reports $58M loss

Former President Trump insisted Thursday that Truth Social is in “very strong shape” after the parent company reported $58 million in losses last year and its stock price fell more than 20% this week. “All of TRUTH SOCIAL’s competitors, especially those in the Radical Left Democratic Party who are failing on every level, use their […]

Trump’s Truth Social lost $58M in 2023: filings

Donald Trump’s social media company lost a whopping $58 million in fiscal year 2023. The results are likely to fuel skepticism about the company’s wild public trading debut, which led experts to call it another “meme stock” like AMC or GameStop. Truth Social’s parent company also said it generated just $4.1 million in revenue over […]