Für Trumps Social-Media-Unternehmen sieht es plötzlich unglaublich schlecht aus
https://futurism.com/future-society/trump-social-media-company-circling-drain
Für Trumps Social-Media-Unternehmen sieht es plötzlich unglaublich schlecht aus
https://futurism.com/future-society/trump-social-media-company-circling-drain
10 Kommentare
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.
So I guess bots can’t be programmed to circle-jerk each other indefinitely quite yet.
Good to know.
Good
We don’t care. End the war and put him in prison
Suddenly?
How does a social media software eat through that much money in a year?
Gee, that’s unfortunate, thoughts and prayers.
Another distraction from the Epstein files.
A man who somehow managed to bankrupt a casino has another failed venture?
Naaaah /s
Where did they spend $700M? How much if that ended up in the pockets of Trump and his friends?