Trump Media, the owner of the right-wing social media platform Truth Social, incurred USD 400 million in net losses in 2024. In its official statement, it blames the Biden administration as one of the key reasons for its poor 2024 performance.
konsyse.com
USD 400 Million Net Loss—Trump Media Was Still Unprofitable in 2024 — Konsyse
Trump Media & Technology Group, the owner and operator of the social media platform Truth Social, recorded another unprofitable run in 2024.