The social media platform started by Trump posted a $50 million profit in 2022...however...Jan to June of 2023 has reported losses of $32 million and revenue of just $1.3 million and a total net operating loss of $73 million since launch
Trump's Truth Social reports $31.6 mln net loss since launch to mid-2023
Former U.S. President Donald Trump's social media platform Truth Social lost $31.6 million from its launch in early 2022 to mid-2023, a securities filing by Digital World Acquisition Corp , the SPAC that plans to merge with the company, showed on Monday.
www.reuters.com