Tuesday, 11 August 2026 · World
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EUROS The World Financial Report
Nº 31 Tuesday, 11 August 2026 · World Edition
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Trump’s media company, which also owns Truth Social, reports $238m loss

Business | The Guardian · 6h ago · 🇺🇸 United States
Trump’s media company, which also owns Truth Social, reports $238m loss

Company also announced a paid service for early access to president’s posts on policies to the social media site Donald Trump’s media company – which owns the Truth Social platform favored by the US president – posted a $238m loss in the second quarter. Trump Media & Technology on Monday reported that losses in the three months through June came as the company branched into new ventures including crypto. The company’s new chief executive, Kevin McGurn, announced at a conference call about the earnings that after a yearlong effort to expand into online betting and crypto, the company would

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