Trump’s social media platform “Truth social” faces a $73 million loss

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“Truth Social” is a social media platform created by Trump Media and Technology Group. The founder of Trump Media Company is former US President Donald Trump. The purpose of creating this company was to provide a platform to the world, on which People can communicate and share ideas freely. US President Donald Trump has also faced banning of his account on X/Twitter in the past.After Elon Musk took over Twitter, he reinstated Trump’s account, but Trump never used Twitter again.He was optimistic about the success of his new social media platform, “Truth Social.”
In the recent year, “Truth Social” faced serious financial difficulties. According to a report, the platform suffered a loss of 73 million dollars, after which the future of the social media platform “Truth Social” became uncertain.

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