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MAGA Suckers Are About To Lose Big Money On Truth Social

Like everything else related to Donald Trump, his social media platform Truth Social’s parent company, Trump Media & Technology Group, has been embroiled in a nasty stew of incompetence, greed, and legal warfare. And much of that came to a head Monday as the company lost almost 21.5 percent of its i.

United statesAndrew northwallElon muskDevin nunesLinda mcmahonDonald trumpDan scavinoKash patelPhillip juhanJenna ellisTrump media technology groupExchange commissionTruth socialTrump mediaTechnology groupCongressman devin nunes

Trump Media, Truth Social lost $58 million last year, new SEC filing says

Trump Media, Truth Social lost $58 million last year, new SEC filing says
washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.

White houseDistrict of columbiaUnited statesDevin nunesLinda mcmahonKash patelDan scavino jrAndrew northwallRoberte lighthizerPhillip juhanExchange commissionSmall business administrationTrump national security councilTrump media technology groupTechnology groupTrump media

Trump s Truth Social lost $58 million in 2023, despite $8 billion stock-market valuation

Trump s Truth Social lost $58 million in 2023, despite $8 billion stock-market valuation
adn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adn.com Daily Mail and Mail on Sunday newspapers.

White houseDistrict of columbiaUnited statesNew yorkPhillip juhanDevin nunesKash patelDan scavino jrAndrew northwallLinda mcmahonRoberte lighthizerSmall business administrationTrump national security councilExchange commissionTrump media technology groupTruth social

Many people and companies have made millions on Trump media s stock

The biggest beneficiary is Trump, the company s largest shareholder, whose stake is worth more than $5 billion, on paper. No other shareholder comes close, according to regulatory filings, but many of Trump Media s executives have seen their net worth swell this week, in some cases by many millions of dollars.

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Trust linked to porn-friendly bank could gain a stake in Trump s Truth Social

An obscure financial entity with connections to a Caribbean-island bank that bills itself as a top payment service for adult entertainment sites would gain a sizable stake in former president Donald Trump s media company if its merger deal proceeds.

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