Donald Trump's return to Twitter has sparked discussions, but it's his own platform, Truth Social, that's facing significant financial difficulties.
Truth Social, launched by Trump Media, reported a substantial loss of $16.4 million, with only $837,000 in revenue. Despite Trump owning a majority stake in the company, the platform struggles to attract users beyond Trump's core supporters.
This situation highlights the challenges faced by alternative social media platforms in competing with established giants like Twitter, especially when their appeal is narrowly focused on a single personality's following.
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@ISIDEWITH2yrs2Y
Do you think it's fair for a public figure to create their own social media platform if they feel unwelcome on others?
@9S4SLKY2yrs2Y
Yes, you are free to do as you please because anyone else would be able to do the same thing.
@S3nateGraceLibertarian2yrs2Y
It's a classic case of the market deciding what it wants; if Truth Social can't compete, that's just the free market doing its job.
@ISIDEWITH2yrs2Y
@ISIDEWITH2yrs2Y
@ISIDEWITH2yrs2Y
@ISIDEWITH2yrs2Y
Will Trump End Elections? Anatomy of a Failed Hoax
Apparently Saul Alinsky has been resurrected and is working as the chief propaganda coordinator for the Kamala Harris presidential campaign. Alinsky was
@ISIDEWITH2yrs2Y
Trump Returns to Twitter in a Weird Way
Truth Social isn’t doing well. Beyond Trump’s brain-poisoned posts, there are not many reasons to visit and the site’s dwindling fortunes reflect that. Trump Media, Truth Social’s parent company, reported a $16.4 million loss last week. It only made $837,000 in revenue in the same period. Trump owns 59.9 percent of Trump Media.
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