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Truth Social

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Photo: https://www.facebook.com/DonaldTrump/photos/a.488852220724.393301.153080620724/10159419638630725/?type=3&theater / Wikimedia Commons (Public domain)
Trump Media pivots to Truth API licensing
Trump Media & Technology Group reports a 89% year-over-year Q2 revenue rise to $1.7 million driven by Truth+ and Truth API, but posts a $238.1 million quarterly net loss due to unrealized digital asset and equity losses, as it pursues a liquidity-backed path toward a planned Q4 2026 merger with TAE Technologies and expands Truth Social and related platforms. The company is shifting away from crypto initiatives, scrapping Crypto.com CRO plans and pivoting toward media, data licensing, and the TAE deal, while valuation analyses suggest the stock trades at a premium relative to cash flow and book value despite ongoing profitability challenges.
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He Walked Into A Store With A Shotgun. Citizens Were Armed

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Truth Social (stylized as TRUTH Social) is an alt-tech social media platform created by Trump Media & Technology Group (TMTG), an American media and technology company founded in October 2021 by former US president Donald Trump. It has been called a "Twitter clone" that competes with Parler, Gab, and Mastodon in trying to provide an alternative to Twitter and Facebook.

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