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Salon
Salon
Politics
Nandika Chatterjee

Truth Social tanks, loses $327 million

Truth Social NBC

The parent company of Donald Trump's Truth Social website has revealed losing $327.6 million in the first quarter of 2024 after raking in less than $771,000 in revenue.

The earnings report, filed with the Securities and Exchange Commission on Monday, comes after Trump Media & Technology's debut as a public company on the Nasdaq stock exchange in March, NBC reported.

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