Truth Social in free fall: Trump's stock plummets dramatically. Trump Media and Technology Group, which owns Truth Social, said in a report to the Securities and Exchange Commission that the company had revenue of just over $4 million last year.
The company paid nearly $40 million in interest costs last year and recorded operating losses of about $16 million. Trump's company unlocked nearly $300 million in investor money last week when it struck a merger deal with Digital World Acquisition, a special purpose acquisition company that helped take Trump Media public.