Home
AI
World
Politics
Health
Crime & justice
Science & technology
Social issues
Sports
Money
Entertainment
Environment/energy
Military
Culture
Weather
Media






Home
Bias Split
Public FiguresControversies

Sign Up for Our Free Newsletters
Sign Up for Our Free Newsletters

Sign Up!
Sign Up Now!

How our sliders workAboutContact UsNewsletter Archive
MediaFAQGlossaryPrivacy Policy
  1. Home

Trump Media Reports $327M Net Loss

  • #United States of America
  • #Media
  • #Economic conditions & trends
Trump Media Reports $327M Net Loss
story
MAY 2024
Image copyright: Anna Barclay/Contributor/Getty Images News via Getty Images
story last updated MAY 2024

The Spin

Pro-Trump narrative

TMTG is on the right track. The costs associated with its merger are in the rearview mirror, and the company is looking forward to adding a live TV streaming platform to its successful social media site, Truth Social. TMTG has a vast shareholder base led by legions of retail investors, and it'd be a great idea for others to get on board.

Benzinga

Anti-Trump narrative

This revenue report must raise questions about the multi-billion-dollar valuation of this company. That's unprecedented in a situation like this, as it seems to be based solely on investor trust that things will improve. Without TMTG releasing user metrics, this report gives little reason to believe the company will turn the corner.

CNN

Metaculus Prediction


Public Figures

Donald Trump


Establishment split

CRITICAL

PRO

Trump Media lost $327 million last quarter. It's still valued at more than $6 billion.
Business InsiderMAY 2024
Trump Media and Technology Group Posts Over $300M Net Loss
TimeMAY 2024
Trump Media stock falls 10% after posting $327.6 million loss in first quarter
NBCMAY 2024
Trump Media Stock Up After Company Reports $300 Million Loss
NewsweekMAY 2024
Trump Media reports $327M net loss in 'dire' new filing: analysis
Raw StoryMAY 2024
Trump Media lost more than $300 million last quarter on very little revenue
CNNMAY 2024