Trump’s Social Network Nears Bankruptcy

IranGate
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Trump's Social Network Nears Bankruptcy

Trump’s social network is nearing bankruptcy

A recently disclosed financial document from Digital World shows that Truth Social, the social network owned by former U.S. President Donald Trump, has lost $73 million in its net sales since its official launch in February 2022.

Digital World is a business partner of Trump’s Media and Technology Group. The latest estimated value of Trump’s Truth Social shares is between $5 to $25 million.

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