Trump’s Truth Social Plunges Into Humiliating Loss

Daniel Heuer/REUTERS President Donald Trump’s carefully cultivated image as a master businessman has taken another hit after his media company revealed nine-figure losses. Trump Media & Technology, the parent company of Truth Social, reported a $238 million loss for the three months through June, more than 10 times the

Trump Media & Technology Group posted another large net loss for the second quarter of 2026, of $238.1 million, while the company generated $1.7 million in sales for the period. Donald Trump is the largest shareholder in TMTG, holding more than 40% of its shares through a revocable trust, according to a July 21 Bloombe