Hollywood Reporter: Trump’s Truth Social Has Lost $73M Since Launch, New Filing Shows
Hollywood Reporter: Trump’s Truth Social Has Lost $73M Since Launch, New Filing Shows. “Since launching in early 2022, former President Donald Trump‘s Truth Social took in $3.7 million in net sales, and lost $73 million…. The numbers were revealed in a new financial disclosure from TMTG’s SPAC merger partner Digital World Acquisition Corp. The filing revealed that 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.”