Truth Social

[Axtremus]

DJT keeps falling; near all-time low.

“Judge rules Trump Media breached stock contract with early investor”
https://www.cnbc.com/2024/09/17/djt-trump-media-stock-lawsuit-lockup.html

“Trump's media stock falls before insider trading restrictions lift”
https://www.reuters.com/markets/us/trumps-media-stock-falls-before-insider-trading-restrictions-lift-2024-09-17/

“DJT stock: Donald Trump’s stock falls near all-time low”
https://www.fastcompany.com/91192505/djt-stock-donald-trump-media-stock-falls-near-all-time-low-truth-social

[jon-nyc]

If he gets elected the Russians, Chinese, and Gulf states will advertise on it heavily.

[jon-nyc]

[taiwan_girl]

The parent company of President Donald Trump’s social networking site Truth Social says it lost $400.9 million last year and its annual revenue declined 12% to $3.6 million.

Trump Media & Technology Group reported its earnings late Friday, blaming the losses in part on a revenue-sharing agreement with an undisclosed advertising partner.

https://apnews.com/article/trump-media-truth-social-losses-c879294edc8d0297446a3a2f5499b8e3

[jon-nyc]

They’ll make it up through volume.

[jon-nyc]

That’s what the average Chik-Fik-A brings in in 4 months. But without the $400MM loss.

[Rich]

I wonder what the heck the $400 million in expenses is?

For the amount of legit traffic, maybe they could just switch to 'tap a talk' I bet klaus could get them up and running for half that.

[jon-nyc]

You would think the crypto grifters and all kinds of maga grifters would advertise there. How do they only have $3.6MM in revenue?

[Axtremus]

They need the DOGE.

[taiwan_girl]

https://www.forbes.com/sites/zacheverson/2025/02/25/trump-media-truth-social-donald-trump-jr-board-meetings-revenue/

Donald Trump Jr. made $813,000 in 2024 as a director of Trump Media & Technology Group—roughly a quarter of the company’s annual revenue—despite attending just two of the board’s five meetings, according to a filing made with the Securities and Exchange Commission on Friday.

and

Trump Jr. has served on Trump Media’s board since at least May 2022, according to an SEC filing. He does not appear to have owned any shares until January 2025, but now holds 26,000 outright and, as the sole trustee of his father’s revocable trust, oversees a stake that gives him control of 52% of the company’s stock.

Trump Media lost $401 million in 2024, with revenue of $3.6 million.