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Investors approved a plan on Friday to take Truth Social public, increasing his net worth by billions as he’s drowning in legal expenses and owes New York state half a billion dollars in a civil ...
Truth Social (stylized as TRUTH Social) is an alt-tech [4][5][6] social media platform owned by Trump Media & Technology Group (TMTG), an American media and technology company majority-owned by former U.S. president Donald Trump. [7] It has been called a " Twitter clone" that competes with Parler, Gab, and Mastodon in trying to provide an ...
Since its inception, Truth Social has seen its share price plummet for the most part. After soaring to $57.99 per share at launch, it’s worth just $19.60 per share, valuing the company at just ...
The company behind the Truth Social platform is worth more than $3 billion on Wall Street, and Trump owns more than half of it. Trump will soon be able to sell shares in Truth Social's parent company.
Trump Media & Technology Group Corp. (TMTG) is an American media and technology company headquartered in Sarasota, Florida. It is best known as the owner of Truth Social and for being primarily owned by former U.S. president Donald Trump. It also plans to launch a subscription based streaming service called TMTG+. [4]
Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the platform formerly known as Twitter ...
Donald Trump 's use of social media attracted attention worldwide since he joined Twitter in May 2009. Over nearly twelve years, Trump tweeted around 57,000 times, [ 1 ] including about 8,000 times during the 2016 election campaign and over 25,000 times during his presidency. [ 2 ] The White House said the tweets should be considered official ...
At the root of this were filings with the Securities & Exchange Commission in which the company posted a loss of $58.2m in 2023 with revenue at just $4.1m despite being valued as worth billions of ...