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Trumps Truth Social is bleeding money

JBJT2786
in Celebria

Featured Replies

https://deadline.com/2023/11/donald-trump-truth-social-losses-1235602122/

 

Quote

Not a ton of winning to report here: A new SEC filing shows that Donald Trump‘s Truth Social lost some $73 million in net sales in its first 16 months.

In a sprawling, 530-page filing with the federal Securities and Exchange Commission (see it here), the social media platform championed by the former president lost $50 million on $1.4 million in net sales in calendar 2022, after launching in February of that year. The losses narrowed some for the first half of 2023, with the platform down $23 million from January-to-June, which extrapolates to $46 million for the full year

I can't take all this winning :bibliahh:

    • Haha 3

    It’s going to be the only social media we can use when he becomes president again :cm:

    • Like 1
    • Haha 1

    Shocker. The fact that he has maintained a reputation as a “businessman” is truly confounding 

    6 hours ago, Dula Peep said:

    It’s going to be the only social media we can use when he becomes president again :cm:

    Well if that’s what it takes to finally get rid of Elon’s Twitter, I’m in :clap3:

    Edited by getBusy

    Probably a lie. He is known for inflated his losses to reduce his taxable income.

    Good. Hopefully him bleeding out in jail next! 

    • Like 2
    15 hours ago, DeadInside said:

    He'll fund it as part of his presidency.

    Your DP is making me lol... Who is the guy o_O?

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