Trump's Truth Social has lost $73 million since its launch, faces potential shutdown
Publishing timestamp: 2023-11-14 11:56:33
Summary
Trump Media and Technology Group (TMTG), the parent company of Truth Social, has reported significant losses of $73 million in less than two years. The losses come as TMTG tries to go public through a merger with DWAC. Without the merger, Truth Social may not survive. The platform, created by former President Donald Trump, is facing financial challenges and competition from other social media platforms. The filing highlights the importance of the merger for TMTG's future.
Sentiment: NEGATIVE
Keywords: elections, digital world acquisition corp, social media, politics, foreign policy, tesla inc, breaking news: politics, government and politics, national security, business news, joe biden, social issues, donald trump,