Truth Social made $3.7 million in revenue last year.
Truth Social had a net operating loss of $712 million last year.
#5 | Posted by Sycophant at 2026-04-25 08:55 PM | Reply | Flag
The company behind President Donald Trump's social media network is changing leaders amid mounting financial losses, ...
Devin Nunes was not an obvious choice to run a fledgling social media network, but after $1.1 billion in losses, the former dairy farmer and congressman is out as the head of Truth Social. ðŸ«
-- Mother Jones (@motherjones.com) Apr 22, 2026 at 1:42 PM
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The company behind President Donald Trump's social media network is changing leaders amid mounting financial losses...
Don't feel bad for ol' Devin Nunes. He made $6.3M in salary and bonuses and awarded restricted stock that at the time was worth $41M as CEO just in 2024 for being CEO of non-media "crypto treasury" company which cost investors over $1.1B in cash and more than $6B in "enterprise value" and which since merged with a money-losing "nuclear fusion" company and now looking to spin off Truth Social, as if any of these are viable companies, just like multiple other scammy crypto companies the Trump family is involved with.
s.yimg.com - Trump Media Loses Meme-Like Luster at 90% drop
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