Will Trump Get Back on Twitter/X? Truth Social Close to Kaput, Accountants Say – SFist

The prospect of Donald Trump tweeting again, with all his incoherently capitalized words and not-very-veiled threats against anyone and everyone, is getting closer to becoming a reality.Former president Donald Trump, who’s blazing a campaign trail like no other, scorching earth and threatening violence as he goes, might be looking back to his old virtual stomping ground of Twitter a.k.a. X pretty soon. While Trump has reportedly been contractually obligated to do all of tweeting/truthing on Truth Social the past two years, that joke of a social media platform for Marjorie Taylor Green stans is likely going to the internet graveyard, at least according to a new financial filing.As CNN reports, the parent company of Truth Social, Trump Media & Technology Group (TMTG), is hemorrhaging money. SEC filings released Monday show that the company has lost $31.6 million since it launched in early 2021. And despite Trump’s bluster to the contrary, Truth Social still only has a dismal 861,000 monthly active users — i.e. about 1% of what X/Twitter has, despite that platform’s recent woes.”TMTG has suffered negative cash flows and recurring losses from operations that raise substantial doubt about its ability to continue as a going concern,” the filing said
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