Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million
Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million
variety.com Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million
Trump Media and Technology Group reported $770,500 in revenue for the first quarter of 2024 and a net loss of $327.6 million.
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53 comments
I'm actually a bit shocked that the revenue is that high.
54 0 ReplyHas to be money laundering. There's no way their operating costs are over $1B on a shitty Twitter clone with very little traffic
22 0 ReplyI think you added a couple of 0s to the revenue. Cause nothing is close to $1b here.
6 0 ReplyHahah shit, you're right. I read 770k as 770m. I guess that ridiculous valuation set my expectations.
327m in expenses is still way too high. But no where near as absurd.
6 0 ReplyMaybe they're on Azure.
4 0 Reply
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