FantasticalEconomics , I'm sure we are mostly on the same page here in recognizing #TruthSocial as the next grift in a very long line of increasingly obvious grifts. But the numbers are even worse than I thought.
"Truth Social earned $3.4 million in revenue for the first nine months of 2023 and it lost around $49 million." And, yet, is valued at a $6 billion company.
Smart money is on shorting this travesty of a company, assuming you can cover the swings until Trump cashes out of DJT.
https://www.axios.com/2024/03/27/truth-social-stock-facebook-twitter-ipo