Trump’s Truth Social App Sinking Fast – $73 Million Loss Revealed!
In a recent regulatory filing with the Securities and Exchange Commission (SEC), Digital World Acquisition Corp, the special purpose acquisition company planning to merge with Trump Media & Technology Group, has revealed the financial challenges faced by Truth Social, Donald Trump’s social media project. Since its inception, Truth Social has suffered substantial losses, totaling $73 million, raising concerns about its sustainability. The filing says the platform posted a $50 million loss in 2022, followed by an additional $23 million loss in the first half of 2023, according to a Forbes…
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