Trump Media, Parent of Truth Social, Reports Q1 Sales of $871,000 and $405.9 Million Net Loss
Posted by gamersecret2
Trump Media, Parent of Truth Social, Reports Q1 Sales of $871,000 and $405.9 Million Net Loss
Posted by gamersecret2
22 Comments
Some how, some way, Trump will find a way to make the American people pay for this.
405 million loss? I thought the US population was 360 million.
No wonder he’s suing us for $10B. He’s a horrible businessman.
lol, lmao even.
I kinda want to see the books, though. I’d be interested to know where the money went.
He’s a confirmed loser over and over again.
That fucking loser destroys everything he touches
Ain’t he the only one that uses it?
Nice
It’s not about making money
That’s the genius businessman right there 🤣🤣
They’re washing money.
It’s only the MAGA people that are subscribed to it so are there really millions of MAGAs or are they just bots from say “Russia” ….?
How do you have revenue that low and costs that high after having been in business 6 years? I would think that he couldn’t get loans to pay the bills.
I hope no matter how many billions he makes from corrupting the American people, I hope in time he will loose twice as much, this includes his kids and wife.
He sold off some of his shares when the were worth more. It’s under 9 dollars a share now
He can’t turn a profit. He can only steal.
It’s basically a shell company at this point
Folks, this isn’t good. I don’t think people realize how bad this looks with regards to the impact of something like Truth Social. People are saying that he’s a bad business man and that’s fair, but even a bad business man knows when to cut his losses, especially when Twitter essentially operates in the same capacity now as Truth Social.
They have kept it running at an almost 1 million dollar loss. What does that say about the value that it has in spreading the kind of messages and fostering the kind of sentiment that they want. People need to recognize the value of social media as a platform for creating the astroturf needed to manufacture consent to do things in the world. Trump has done so much because he literally has a platform to spread the kind of nonsense he needs to justify the things he does. He has a cult functionally dictated through that platform.
We should be doing everything in our power to shut that thing down.
He’s *good at business.*😎
That’s a shame.
Hey, so some great weather this weekend! Anyone doing anything fun???
This means nothing beyond giving them a tax write off and a sound bite about trump not profiting from the office.
Believe it as much as you believe anything he says.