Coverage dated November 13, 2023
Trump’s Truth Social Has Lost $73 Million Since Its Launch, Filing Shows Headline from Forbes
A new SEC filing shows Truth Social's parent firm TMTG lost $50 million in 2022 and another $23 million in the first half of 2023.
Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Reports & sources Newest first Show outlet leaning
Filter reports by outlet or headline words
9 articles, oldest first.
Forbes
Trump’s Truth Social Has Lost $73 Million Since Its Launch, Filing Shows ↗ (opens Forbes) Published Nov 13, 2023
Forbes's feed description A new SEC filing shows Truth Social's parent firm TMTG lost $50 million in 2022 and another $23 million in the first half of 2023.
The Daily Caller
Trump’s Truth Social Reports Loss Of Millions In First Half Of 2023, SEC Filing Reveals ↗ (opens The Daily Caller) Published Nov 13, 2023
The Daily Caller's feed description Former President Donald Trump's Truth Social platform lost almost $23 million in the first six months of 2023, according to a Monday SEC filing.
The Guardian
Trump’s Truth Social platform has lost $73m since launch, filing shows ↗ (opens The Guardian) Published Nov 13, 2023
The Guardian's feed description Platform posted loss of $50m in 2022, with net sales of just $1.4m, and lost $23m in first half of this year, with net sales of $2.3m
Rolling Stone
Trump's Truth Social Takes Massive L: Incurs $73 Million Loss ↗ (opens Rolling Stone) Published Nov 13, 2023
Rolling Stone's feed description Donald Trump‘s Truth Social lost $73 million since launching in 2022, a new filing has revealed.
Deadline
Donald Trump’s Truth Social $73M In The Red Since February 2022 Launch, SEC Filing Shows ↗ (opens Deadline) Published Nov 13, 2023
Deadline's feed description Not a ton of winning to report here: A new SEC filing shows that Donald Trump’s Truth Social lost some $73 million in its first 16 months. In a sprawling, 530-page filing with the federal Sec…
CBS News
Donald Trump's Truth Social has lost $23 million this year. Its accountants warn it may not survive. ↗ (opens CBS News) Published Nov 13, 2023
CBS News's feed description Although Truth Social aspires to compete with Big Tech, the conservative-friendly social network's financial performance has slumped badly.
Gizmodo
So Far, Trump's Truth Social Has Set $73 Million on Fire ↗ (opens Gizmodo) Published Nov 13, 2023
Gizmodo's feed description Is Truth Social toast? New SEC filings paint a pretty grim picture.
Hot Air
Truth Social Gobbling Assets Instead of Paying the Trump Bills ↗ (opens Hot Air) Published Nov 13, 2023
Hot Air's feed description Since launching in early 2022, former President Donald Trump‘s Truth Social took in $3.7 million in net sales, and lost $73 million. The numbers are the first time that any internal financial details...
NBC News
Trump's Truth Social site has lost $73 million since it launched in 2022, filing shows ↗ (opens NBC News) Published Nov 13, 2023
NBC News's feed description Trump created Truth Social after he was banned from Twitter, now known as X, in the days following the Jan. 6 insurrection at the U.S. Capitol.
