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Trump Media Faces $712M Loss, Explores Spin-Off Options

3/19/2026

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Summary

Story summary

U.S. President Donald Trump’s Truth Social, run by Trump Media & Technology Group (TMTG), posted a $712.1 million loss on $3.7 million in revenue last year.
Shares have fallen to about $8.59, down from nearly $80 after the 2024 merger.
TMTG is exploring cryptocurrency and merging with fusion power company TAE.
It is considering a spin-off of Truth Social to separate its social media from other ventures.

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Story summary

U.S. President Donald Trump’s Truth Social, run by Trump Media & Technology Group (TMTG), posted a $712.1 million loss on $3.7 million in revenue last year.
Shares have fallen to about $8.59, down from nearly $80 after the 2024 merger.
TMTG is exploring cryptocurrency and merging with fusion power company TAE.
It is considering a spin-off of Truth Social to separate its social media from other ventures.