Truth Social
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MAGA wouldn’t have even needed that much evidence to run on. The hypocrisy this time around is almost hard to calculate.
@89th said in Truth Social:
MAGA wouldn’t have even needed that much evidence to run on. The hypocrisy this time around is almost hard to calculate.
Though, in fairness, hypocrisy requires one to have principles by which they’re attempting to live. So many of these guys wouldn’t qualify.
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Oddly enough, they show a net income of $400M. Did they sell assets last year?
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https://www.nytimes.com/2025/12/18/business/trump-media-tae-technologies-fusion-power-deal.html
First it was Twitter-wannabe, then crypto, now on to nuclear fusion!
Truth Social Parent to Merge With Nuclear Fusion Firm in $6 Billion Deal
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I would look very closely at whether Truth Social is being used to wash a little dirty laundry.
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https://s3.amazonaws.com/sec.irpass.cc/2660/0001140361-26-020117.pdf
The parent company of President Donald Trump’s Truth Social network reported more than $405 million in first-quarter net losses this year, in the latest sign of trouble at the media conglomerate, after it replaced its CEO last month.
During the first quarter, Trump Media and Technology Group posted net sales of just over $871,000, according to the financial results.
The company, whose activities span Truth Social, digital assets, and forthcoming access to prediction markets, attributed the losses to “unrealized losses on digital assets, digital assets pledged, and equity securities ($368.7 million), accreted interest ($11.5 million), and stock based compensation ($11.8 million).”
In a press release, the company touted figures including its $2.2 billion in total assets and its fourth consecutive quarter of positive operating cash flow.
As of Friday evening, TMTG stock was just under $9, down for the year, and having shrunk by more than ten times since the stock’s 2022 record high.
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