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Eugene

(67,077 posts)
Fri Mar 13, 2026, 04:56 PM Friday

Trump's Disastrous Truth Social Company Hits Rock Bottom With Lowest Stock Price Ever [View all]

Source: Futurism

Trump’s Disastrous Truth Social Company Hits Rock Bottom With Lowest Stock Price Ever

The company lost a staggering $712.1 million last year — while making just $3.7 million.

By Victor Tangermann
Published Mar 13, 2026 2:48 PM EDT

President Donald Trump’s Truth Social bid, Trump Media & Technology Group (TMTG), has burned through an alarming amount of cash.

The company, which owns the president’s struggling far-right social media platform, issued an alarming financial report earlier this month, revealing that it had lost a staggering $712.1 million last year — while earning a pitiful $3.7 million.

The disastrous figures once again highlighted how the company, 52 percent of which is owned by Trump and which trades with a ticker of his initials DJT, has firmly cemented itself as a gauge of the president’s popularity rather than as a viable business.

As Trump’s war on Iran rages on, polls have shown that his approval rating continues to dip.

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Read more: https://futurism.com/future-society/trump-truth-social-company-rock-bottom

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