Losses Balloon at Trump Media, the Company Behind Truth Social Truth Social, the social media platform backed by former President Donald Trump's company, Trump Media, has been struggling to stay afloat in the competitive online landscape.
The company is facing significant financial losses, raising questions about its viability and the long term prospects for the platform. What is Truth Social and How Did it Become a Financial Liability?
Truth Social was launched in 2021 as part of Trump Media's attempt to create an alternative to mainstream social media platforms.