Trump Media posts massive $238M loss, plans major business pivot

Trump Media & Technology, the company owned by President Donald Trump, posted a $238 million loss over the past three months, prompting the business to pivot to a new focus on users' social media use.

Aug 12, 2026 - 00:00
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Trump Media posts massive $238M loss, plans major business pivot
Trump Media & Technology, the company owned by President Donald Trump, posted a $238 million loss over the past three months, prompting the business to pivot to a new focus on users' social media use.

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