Truth Social lost OVER $400 MILLION last year in $3.6 million in revenue
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001849635/000114036125004822/ef20039039_10k.htm
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001849635/000114036125004822/ef20039039_10k.htm
Comments
this is not a business - this is a scam
For that hell hole!
At that, they perform quite effectively.
Remember... buy the dip.
(&the kremlin has been targeting the Fortune 500, our loved ones, &law enforcement rank, file, chains of command —ALL— a VERY long time)
In Trump’s New Oligarchy, where's the deal?
So if you're feeling lost in this political spree,
Just remember, in this tale, democracy's the fee,
But hey, that's the world, with a touch of humor,
Just like Hitchhiker's Guide,
https://suno.com/song/aeaded31-5f73-46de-93a2-d89e06dca340
The company will never have positive earnings.
We should unleash that brilliance on the US government.
Literally what a bunch of idiots were thinking.
Time to tell
ELON and DICTATOR DONNY
WE HAVE HAD ENOUGH!
NOT!!!
--MAGA cult
I can think of a lot of illegitimate ways to spend $200m.
either specifically in collusion, or some dev agency is fleecing trump and laughing
huhu I say it. grin.
A simple EDGAR system search reveals many wealthy foreigners and governments- China, Russia, India, etc.
Ruining a community platform was collateral damage and cost of doing business.
Trump wants Musk to buy TS for $47B.
Musk regards Xitter as an expense to enable his further goals. Both are very harmful to the public interest, though nowhere near the scale of Murdoch.
But Meta is better placed to do this. Unclear what will happen there, but it probably won't be comfortable.
The valuation of tech companies is the biggest scam in history.
I’d say part of their constant rage is partly related to the sub-conscious knowledge of how incompetent they are. It’s imposter syndrome on steroids (&/or stimulants).
Or, swap the roles.
As you wish.
And, unless it's repeated, it will go belly-up.
HTF does a small social media site loose $400 mil? They are just using truth social to launder money.
The General Admin costs are HUGE but so is the value write down. Just a propaganda site used for money laundering.
https://bsky.app/profile/juddlegum.bsky.social/post/3lidqoibik22t
Who will be left holding the bag?
A good businessman? hahahahahahah
Sounds like stock value is due to double again.
Please review the Risks Related to TMTG’s Business and Industry section...it always indicate the viability of the company, which does not look good.