Russian money for Trump Media: Putin's ally probably saved Trump's company from ruin. The company now warned that it could run out of money due to high losses in its ongoing business.
It is a mandatory warning to investors that is common in the USA and is not necessarily followed by bankruptcy. After the figures were published on Monday, the share price temporarily fell by more than a fifth. Trump Media operates Trump's social media network Truth Social. The numbers show that the service continues to struggle to attract advertising revenue. Last year, sales were around 4 million US dollars and the loss totaled 58 million dollars.