Comment on Trump’s Social Media Company Just Keeps Losing Money

Trump’s Social Media Company Just Keeps Losing Money

Donald Trump’s Truth Social stock might be doing better these days, but the company is still struggling to make money. In the first three months of 2024, it pulled in just $770,000 in advertising revenue. To put that in some context, Meta, the parent company of Instagram and Facebook, earned more revenue in just three minutes, on its way to making $36.4 billion in revenue over three months. Truth Social posted those dismal revenue numbers in a public stock filing on Monday, but as anemic as the revenue numbers are, they aren’t even an improvement from last year.

 

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