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Latin Times
Latin Times
Agence France-Presse (AFP)

Parent Company Of Trump's Truth Social Posts $328 Mln Loss

Truth Social TMTG Donald Trump Devin Nunes
SCOTUS hears arguments on whether Donald Trump is immune from prosecution after leaving office for "official acts" while he was president. (Credit: AFP)

Trump Media and Technology Group, which owns former US president Donald Trump's social media platform Truth Social, lost more than $300 million in the first quarter of 2024, it said Monday.

TMTG, which recently went public, posted a net loss of $327.6 million from January to March, compared with $210,300 in net losses for the same period last year, according to a company statement.

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