How Donald Trump’s Financial Future Became Tied To Trump Media

The former president has treated Trump Media, which runs his social network Truth Social, as a low-cost sideshow. Now a big portion of his wealth hinges on its success.


Trump’s Truth Social Stock Plummets 25% On Reports Of $58 Million In 2023 Losses

The filing also warns shareholders that the former president’s involvement and stake in the company could put it at greater risk. (Christoph Dernbach/picture-alliance/dpa/AP Images)

Trump Media Co. Completes SPAC Merger, Stock Begins Trading Downward

The share price of Digital World Access Corp. began trending downward following a shareholder vote Friday morning to merge with Donald Trump’s social media company: Trump Media & Technology Group, the parent company of the Truth Social digital platform. The deal, which personally gives Trump billions of dollars in potential equity value, includes contractual requirements barring him from selling shares for six months.

Trump Sues MSNBC, Reuters, 18 Other News Orgs, Claims They ‘Coordinated’ in Misreporting $73M Truth Social Losses

Donald Trump is still very angry over the erroneous reporting about the financial losses at his Twitter clone, Truth Social, and in a new lawsuit filed Monday, the ex-president claimed that the reports were actually a vast media conspiracy involving “no less than 20 major media outlets.”

Trump’s Truth Social Has Lost $73M Since Launch, New Filing Shows

The numbers are the first time that any internal financial details on the social platform have been shared publicly, and they suggest that while Trump has made Truth Social his primary social media platform, it has not been translating into meaningful revenue for the tech startup, which is owned by Trump Media & Technology Group.

Trump Media Buyer Gets More Time To Complete Long-Delayed Merger

On Trump’s Social Network: Ads For Miracle Cures, Scams And Fake Merchandise

Truth Social, the social network started by former President Donald J. Trump, has struggled to attract large brands.

Truth Social’s Influence Grows Despite Its Business Problems

The right-wing social network faces two federal investigations and an uncertain financial future. But it has still managed to outpace its rivals. Truth Social had 1.7 million unique visitors in September, according to Similar Web, which monitors web traffic.

Co-Founder Of Trump’s Media Company Details Truth Social’s Bitter Infighting

Will Wilkerson, one of Trump Media & Technology Group’s first employees, alleges the company violated securities laws and that Trump pressured executives to hand over their shares to his wife. He shared a cache of internal documents with the Washington Post and federal investigators that he says support his claims.

QAnon Conspiracy Promoters Find New Home On ‘Truth Social’

The twice-impeached former president Donald Trump may be banned from using most mainstream social media, but some kindred spirits have found a home on his own “Truth Social” platform: QAnon conspiracy promoters who have also been banned by mainstream social media.

Federal Regulators Deepen Probe Into Trump’s Social Media Deal

Special purpose acquisition company Digital World Acquisition Corp. disclosed on Monday financial regulators probing its deal with former U.S. President Donald Trump’s social media firm have sought more information, while warning this could potentially delay the deal.

These Investors Are Putting $1 Billion Into Trump Media

A draft document contains the names of dozens of hedge funds and others behind the $1 billion private investment announced in December.

Two Key Tech Execs Quit Truth Social After Troubled App Launch

Trump’s Social Media App Launches Year After Twitter Ban

The former president’s Truth Social app was offered for download beginning Monday from the Apple App Store to a limited number of subscribers who had preordered. Others who were added to a waiting list are to be given access over the next 10 days. The site encountered technical glitches shortly after launch, with reports that subscribers were shut out for hours. Others had trouble signing on. The site is not expected to be open to anyone who wants to download it until next month.

Trump’s Truth Social Set To Join Crowded Field

Truth Social, the former president’s hard-right alternative to Twitter, could open its doors next month. But as businesses go, outrage may not be the best moneymaker.


Trump’s Truth Social App, Self-Proclaimed Foe Of Big Tech, Needs Apple And Google To Survive

Trump’s New Social Media Platform Set To Launch On Presidents Day

Former President Donald Trump’s new social media platform Truth Social is expected to launch on Presidents’ Day, Feb. 21, according to the latest Apple App Store listing. Truth Social, which the 45th president announced in October, is the latest conservative alternative to large social media platforms like Twitter and Facebook, which the former president has repeatedly slammed for censorship.

Trump Announces Launch Of Social Media Site

Trump says his goal in launching the Trump Media & Technology Group and its “Truth Social” app is to create a rival to the Big Tech companies that have shut him out and denied him the megaphone that was paramount to his national rise.