
Trump media company announces a massive loss and new turnaround effort
The new Truth API service is charging $60,000 to $100,000 a month, McGurn said, adding that Trump Media has already signed up 10 customers, mostly so-called...
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Summary
Trump Media discloses over 10 customer sign-ups for Truth Social feed. Ten customers translates into a big new revenue source for Trump Media, possibly bringing in between $7 million to $12 million a year, or roughly two to three times the company’s entire revenue last year. Jacquelyn Martin/AP Photo/Jacquelyn Martin Excluding those paper losses as well as taxes, interest and other items, so-called operating losses still increased, but much less than the unadjusted results — a $164 million loss from a $44 million loss a year earlier.
Furthermore, The company added on Monday that it is well-positioned to complete its proposed merger with nuclear-fusion company TAE Technologies in 2026. Trump Media Technology Group posted a loss of US$238.1 million for the quarter ending June 30, the company said in a press release.
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Trump Media discloses over 10 customer sign-ups for Truth Social feed.
according to Investing.comTen customers translates into a big new revenue source for Trump Media, possibly bringing in between $7 million to $12 million a year, or roughly two to three times the company’s entire revenue last year.
according to The Boston GlobeJacquelyn Martin/AP Photo/Jacquelyn Martin Excluding those paper losses as well as taxes, interest and other items, so-called operating losses still increased, but much less than the unadjusted results — a $164 million loss from a $44 million loss a year earlier.
according to The Boston GlobeThe company added on Monday that it is well-positioned to complete its proposed merger with nuclear-fusion company TAE Technologies in 2026.
according to Free Malaysia TodayTrump Media Technology Group posted a loss of US$238.1 million for the quarter ending June 30, the company said in a press release.
according to Free Malaysia Today
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