According to a report by CNN, the Trump Media Group generated only $3.4 million in revenue in the first nine months of last year. The company’s main asset, Truth Social, has less than 500,000 monthly active users, which is significantly lower than platforms like Facebook, X (formerly Twitter), or TikTok. Furthermore, Truth Social experiences more user churn and at a faster rate compared to larger platforms.
Trump's Parent Company of Truth Social, a Social Media Platform, Soars 58% in Stock Market Debut