Trump’s Truth Social Has Lost $73M Since Launch, New Filing Shows

by mekanub

33 comments
  1. How much of that is his and how much of it is people who unwisely believe in him?

  2. I guess a lot of people have been getting their phone service cut off in the trailer park

  3. I’m sure the Orange Anus Mouthed Grifter managed to enrich himself at their expense…

  4. In other news, Trump managed to deposit $73 million into his offshore bank accounts and is ready to leave his businesses and family in ruins when he flees someplace without an extradition treaty when his criminal trials start looking hopeless.

  5. Being fair: I am not terribly surprised regardless of political leaning. Twitter was just barely turning a profit after operating for almost a decade. Facebook took five years to turn a profit. Truth Social is 20 months old.

  6. Those are rookie numbers…Musk’s purchase of Twitter has lost *billions*…

  7. Another Successful Business Venture by Don the Com. LOL

  8. Why do people feel the need to follow anyone unconditionally?

  9. He’ll tell the bank it’s worth $73 trillion, because of “his brand”. *

    *disclaimer: maybe not even worth dogshit. Who knows?

  10. Trump sold certificates that purposely misled their intended audience… I’m not surprised

  11. Add it to the list:

    Trump’s failed businesses:

    1. Trump Steaks

    2. GoTrump

    3. Trump Airlines

    4. Trump Vodka

    5. Trump Mortgage

    6. Trump: The Game

    7. Trump Magazine

    8. Trump University

    9. Trump Ice

    10. The New Jersey Generals

    11. Tour de Trump

    12. Trump Network

    13. Trumped!

    Trump companies that sought bankruptcy protection:

    1. Trump Taj Mahal

    2. Trump’s Castle

    3. Trump Plaza Casinos

    4. Trump Plaza Hotel

    5. Trump Hotels and Casinos Resorts

    6. Trump Entertainment Resorts

  12. I’m stunned. Really. I expected great success from a niche group of tweaky rage addicts in a target free environment

  13. Brought to you by the guy who failed at selling red meat and alcohol… to Americans.

  14. Devin Nunes is CEO of Truth Social, maybe he has some commentary about the company’s financials.

    Or maybe, like trump’s other enterprises, it’s all a shell game. As his cohorts Lev Parnas and Giuliani described it, fraud guarantee!

  15. So it’s like every other business he’s ever run then.

  16. And naturally a subset of the MAGA cult have created a smaller cult where they’ve sunk a bunch of money into a company that will make them all millionaires.

  17. Donnie is a one-trick pony. He knows real estate (or more accurately, he knows how to commit fraud in real estate), and that’s it.

    Every business venture he’s tried outside of real estate resulted in him falling flat on his face.

    A short list of Donnie’s failures:

    * Truth Social
    * Trump University – shut down after he settled with students he had defrauded
    * Trump Airlines – he bought an airline and then gave up on it in like 2 years later
    * GoTrump.com – a travel site that never took off
    * Trump communications – he talked about doing this in the 90s, but it never went anywhere
    * Trump mortgage company
    * Trump steaks – sold at Sharper Image for some reason

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