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Former President Donald Trump's social media platform, Truth Social, has reported a net loss of $73 million since its launch in 2022. The platform brought in $3.7 million in net sales but suffered substantial financial losses, including $50 million in 2022 and $23 million in the first half of 2023. The company's financial condition raises concerns about its ability to continue operations.
Trump Media & Technology sues 20 media outlets, demanding $1.5B in damages, for reporting that Truth Social lost $73M, calling the number "an utter fabrication" (@rburnson / Bloomberg) https://t.co/3zmB96eoyC 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/LstQmEctYF
The company behind former President Donald Trump’s Truth Social wants $1.5 billion in damages from news organizations which reported that the platform had lost $73 million https://t.co/Vz1JthjNDD
The company behind former President Donald Trump’s Truth Social wants $1.5 billion in damages from news organizations which reported that the platform had lost $73 million https://t.co/j0V20dfYjA
Trump’s Social Media Platform ‘Truth Social’ Files Massive Defamation Lawsuit Against Twenty “Fake News” Media Outlets via @gatewaypundit https://t.co/6SC1lS89i3
BREAKING: Truth Social sues 20 media companies for defamation https://t.co/ctCjWnICli
JUST IN: Donald Trump joins in on the fun as his TRUTH social announces a massive defamation lawsuit against 20 media companies. Holy s*** 🔥 The announcement comes as X launched a lawsuit against left-wing Media Matters. Trump's lawsuit will go after media companies including… https://t.co/rUCRupfCNs https://t.co/9IYZdIuan8
BREAKING: Trump’s Truth Social Drops $1.5BN Lawsuit on MSNBC, Daily Mail, Axios, Reuters, More… Read more: https://t.co/5TlxPyxmyn
JUST IN: Donald Trump joins in on the fun as his TRUTH social announces a massive defamation lawsuit against 20 media companies. Holy s*** 🔥 The announcement comes as X launched a lawsuit against left-wing Media Matters. Trump's lawsuit will go after media companies including… https://t.co/wYoW5eiRWG https://t.co/YiEZ6rxNgM
BREAKING NEWS.🚨 Truth Social Files ‘Unprecedented’ Defamation Lawsuit Against 20 Media Companies https://t.co/aoyi1NlgDt
🚨 BREAKING: Donald Trump's platform Truth Social files defamation lawsuit against 20 media companies. https://t.co/Mbx2r9rNLe
BREAKING REPORT: Truth Social FILES MASSIVE DEFAMATION LAWSUIT targeting twenty media companies. More companies expected to be added to the suit in the coming days. Companies included in the suit: Miami Herald, Reuters, Newsweek, MSNBC, Axios, The Hill, Forbes, The Daily… https://t.co/oaDQXdPhwp https://t.co/Z0An3Wj21K
BREAKING: Truth Social files a lawsuit today against 20 media companies for defamation. https://t.co/dHyZxV3ZlD
JUST IN -- Truth Social files an unprecedented defamation lawsuit incorporating twenty media companies. "To the Fake News outlets that think themselves above accountability: we’ll see you in court." https://t.co/mdVPmZcdMY
JUST IN - Trump's social media platform Truth Social files defamation lawsuit against twenty media companies. https://t.co/UApIKIhrvk
Truth Social Company Sues Media Outlets For Defamation https://t.co/pk5PDeiKEX
Correction: Trump's social media company has lost over $31 million since its launch, faces potential shutdown https://t.co/hS7256bgCm
Trump's Truth Social app loses $31.6M since launching https://t.co/qAk3WrsmW2
Correction: Since launching, former President Donald Trump‘s Truth Social and its parent company Trump Media and Technology Group took in $3.7 million in net sales, and lost tens of millions of dollars https://t.co/mVlVGIFvPJ
Trump's Truth Social Announces Merger 'Milestone' As Filings Show $73 Million Loss https://t.co/xhLCKPml5n
Donald Trump's Truth Social loses tens of millions of dollars this year https://t.co/LNLnMmR2Q1
Donald Trump's Truth Social App Has Lost a Whopping $73 Million Since Launch Last Year Truth Social has lost a massive $73 million since it launched in 2022. Read more: https://t.co/3ESw1qoXWp
Former President Trump's Truth Social platform disclosed an accumulated loss of tens of millions of dollars, according to a filing released by the SEC. https://t.co/dX8CsdUHw9
As revealed in a filing on Monday, Truth Social has lost over $70 million since its launch last year, and the company’s own accountants say there is ‘substantial doubt’ about its survival. https://t.co/H3FLgMDoLf
Trump's social media platform Truth Social reported an operating loss of over $35 million since its inception in early 2021, according to an SEC filing on Monday. https://t.co/GcgNo3W29A
Trump's Truth Social has lost $73 MILLION since it launched and has only taken in $3.7 million, damning filing says https://t.co/V5Fh0Jzg5y https://t.co/IXvWWxSIRM
Trump's Truth Social has lost $73 MILLION since it launched and has only taken in $3.7 million, damning filing says https://t.co/OjKZK4rwjx https://t.co/r6GXIsVtik
So Far, Trump's Truth Social Has Set $73 Million on Fire https://t.co/a1htRPMuji https://t.co/ruDEdOvHWd
NOBODY COULD'VE PREDICTED THIS. Trump's Truth Social has lost $73 million since its launch, faces potential shutdown https://t.co/lvJlh7Scdc
Donald Trump's Truth Social App Has Lost a Whopping $73 Million Since Launch Last Year Truth Social has lost a massive $73 million since it launched in 2022. Read more: https://t.co/3ESw1qoXWp
Former President Donald Trump’s social media site, Truth Social, has lost $73 million since its launch last year, according to a regulatory filing made on Monday that raises concern about the platform’s financial condition and its ability to continue operations. https://t.co/Lp2L79rBIj
Trump's Truth Social has lost $73 million since its launch, faces potential shutdown https://t.co/poWNTmECFy
Donald Trump's Truth Social has lost $73 million since it launched in 2022, according to a filing released by the SEC.
Truth Social has lost $73 million in the last two years and is about to go broke. Of course!!! This will be Trump's seventh major bankruptcy. He is the world's worst businessman.
Former President Trump's Truth Social platform has lost $73 million since it launched in 2022, according to a filing released by the U.S. Securities and Exchange Commission. https://t.co/MYQl9gV74I
Former President Trump's Truth Social platform has lost $73 million since it launched in 2022, according to a filing released by the U.S. Securities and Exchange Commission. https://t.co/ca1Aen38Bk
Trump’s Truth Social Platform Has Reportedly Lost Shocking $73 Million Since Launching — And May Not Have Long Left https://t.co/gBjK3bzgFU
Trump's Truth Social records $73 million net loss since launch, new filing shows https://t.co/4m5Gyfdipv
Former President Donald Trump’s social media site, Truth Social, has lost $73 million since its launch last year. https://t.co/zFN11kU8Ee
$DWAC (+4.1% pre) Trump’s Truth Social Has Lost $73M Since Launch, New Filing Shows - THR https://t.co/9veRmgWsR3
Truth Social $DWAC has lost $73 million since its launch nearly two years ago, according to a regulatory filings Truth Social brought in Net Sales of $3.7 Million in the same period - MW
Trump's micro-blogging platform Truth Social loses $73 million since launch A new filing with the US Securities and Exchange Commission has revealed the platform suffered $50 million net loss last year and $23 million in the first half of 2023. https://t.co/UmwPQ1pd9d
Trump's Truth Social reports $73 mln net loss since launch https://t.co/euwOhmEbWz
Trump's social media platform Truth Social posts $73 million loss since launch $DWAC $DWACW https://t.co/qrC7D9CljN
In 2022, Truth Social lost $50 million on just $1.4 million of net sales, and through the first 6 months of this year it brought in $2.3 million, but lost $23 million https://t.co/HzslyxugOJ