Close Menu
    Welt

    Für Trumps Social-Media-Unternehmen sieht es plötzlich unglaublich schlecht aus


    Für Trumps Social-Media-Unternehmen sieht es plötzlich unglaublich schlecht aus

    https://futurism.com/future-society/trump-social-media-company-circling-drain

    View 10 Comments

    10 Kommentare

    1. FuturismDotCom on

      Truth Social operator Trump Media & Technology Group (TMTG) revealed earlier this month that it had burned through an apocalyptic $712.1 million last year — while only making $3.7 million. The company’s alarming financials did little to buoy waning investor enthusiasm, with shares continuing a months-long plunge that reached an all-time low last week.

      Somehow, the situation has only gotten even more dire since then, with shares dipping well below $9. TMTG was going for as little as $8.50 on Thursday morning, a stunning loss of over 50 percent across the last six months and a drop from even the miserly figures it traded at earlier this week.

      It’s a far cry of the venture’s record high of just shy of $80 shortly after it merged with a blank check acquisition company in March 2024, a move allowing it to be publicly listed under Trump’s initials, DJT.

    2. SixIsNotANumber on

      So I guess bots can’t be programmed to circle-jerk each other indefinitely quite yet. 

      Good to know.

    6. LowerPick7038 on

      How does a social media software eat through that much money in a year?

    9. CentralIdiotAgency on

      A man who somehow managed to bankrupt a casino has another failed venture?

      Naaaah /s

    10. EatMoreBlueberries on

      Where did they spend $700M? How much if that ended up in the pockets of Trump and his friends?

    Leave A Reply