Comment on Truth Social Lost $327 Million In The First Quarter Of 2024

Truth Social Lost $327 Million In The First Quarter Of 2024

Truth Social, the Trump Media and Technology slush fund Group lost almost $330 million the first quarter of 2024, in their latest earnings report. The Trump media company collected $770,500 revenue during that period of time which is terrible. ABC News reports: For the three-month period that ended March 31, the company posted a loss of $327.6 million, which it said included $311 million in non-cash expenses related to its merger with a company called Digital World Acquisition Corp., which was essentially a pile of cash looking for a target to merge with.

 

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