Trump Media is now the most expensive stock in the U.S. to sell short, and the shares quickly plummeted when it went public. The stock plunged by 21% on Monday because the company reported a $58.2 million net loss on revenue, with only $4.1 million in revenue in 2023.
Trump went crazy on Truth Social to defend his flailing and volatile social media platform and his two posts are dripping with narcissism from that insufferable twit.
All of the competitors to TRUTH SOCIAL, especially those in the Radical Left Democrats Party who are failing at every level, like to use their vaunted “disinformation machine” to try and convince people, and it is not easy to do, that TRUTH is not such a big deal and doesn’t “get the word out” as well as various others, which they know to be false. I THINK TRUTH IS AMAZING! First of all, it is very solid, having over $200,000,000 in CASH and ZERO DEBT. More importantly, it is the primary way I get the word out and, for better or worse, people want to hear what I have to say, perhaps, according to experts, more than anyone else in the World. My TV ratings are by far the highest, and my Rallies are not equaled, even close, anywhere or by anyone. Look, I had hundreds of millions of followers on various platforms, and could have them back again, but was cancelled for largely political reasons. Those platforms all want me back…They need me back! On Truth I have 7,000,000 followers……
It's not surprising that he thinks people want to hear from him "more than anyone else in the world." The guy's ego is massive.
He's not done!
Very good for a startup, and growing fast. But when I put out a statement or message, it is SPREAD all over the place, fast and furious. EVERYBODY SEEMS TO GET WHATEVER I HAVE TO SAY, AND QUICKLY. At press conferences I will sometimes ask, “who is on TRUTH.” I have never had one reporter tell me they are not. They are all on TRUTH because the have to be. So don’t believe the FAKE NEWS. Until I came along and exposed them, they were respected and believed. Now they are the exact opposite. With the Russia, Russia, Russia HOAX. and all of the others, people get it. Look, using TRUTH, I became the Republican Nominee for President of the United States, and in record time! When I ENDORSE a politician on TRUTH, they almost ALWAYS WIN. If it didn’t work, or properly get the word out, I wouldn’t use it - But it does work, and work really well - And the fun is just getting started!!!
It's all about him. Always. The truth is that Trump's social media company has lost billions.
It's not clear to everyday folks like me, for instance, why it's worth billions. I spent a lot of time there to check it out, and there aren't any notable people posting on the site regularly except for Trump. There isn't much interaction there, and the second you say you're a Democrat, you're bombarded with commenters calling you a pedophile. It's really weird. The ads are peculiar. They can't seem to get decent ad placement. It's pitiful.
Some examples:
And my favorite:
