Trump Media lost a significant amount of money last year, as revealed in a recent SEC filing.

As a MAGA Trump supporter, it is concerning to see that the share price of Trump Media, closely tied to former President Donald Trump, is plunging after reporting a net loss of $58.2 million on revenue of $4.1 million in 2023. Despite the significant losses, the company’s market capitalization is still over $6.8 billion. Trump owns 57.3% of Trump Media shares, valued at more than $4 billion, with the potential to receive additional shares over the next three years. The company’s high valuation is attributed to stock purchases by Trump’s political supporters. However, there are unique risks associated with the company’s focus on Trump and Truth Social, including user discouragement, hacking risks, and stockholder suits.

– Trump Media reported a net loss of $58.2 million on revenue of $4.1 million in 2023
– Market capitalization of Trump Media is over $6.8 billion
– Trump owns 57.3% of Trump Media shares, valued at over $4 billion
– Trump could receive 36 million “earn-out” shares over the next three years
– The company’s high valuation is due to stock purchases by Trump’s political supporters
– Risks associated with Trump Media include user discouragement, hacking risks, and stockholder suits.



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