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Monitoring Antisemitism Intel
November 15, 2023
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Trump’s Business Empire Takes a Big Hit as Social Media Business Loses Over $73 Million Since Launch

Source: inquisitr.com inquisitr.com
Key Topics in this News Article:
Acquisition Activist Biden Donald Trump Elections Finance Fraud Germany Investment Law Nazi Revenue Senate Social Media SPAC stock market Technology Twitter United States
News Snapshot:
Donald Trump is now struggling with a tragic new update about his already collapsing business empire. Truth Social, the social media network he founded, has lost around $73 million in net revenues since its early 2022 launch, new filings have revealed. In a recent filing, Digital World Acquisition Corporation (DWAC), a special purpose acquisition company (SPAC) that aims to take Trump Media and Technology Group (TMTG) public, stated that it had lost money in less than two years since its creation. Image Source: Getty Images | Photo by Chip Somodevilla Also Read: Trump Calls Out US Media for Its “Merciless”...
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