Trump’s media company reports $238m loss
Trump Media & Technology Group (TMTG) reported a significant net loss of $238 million in the second quarter of 2026, with revenue totaling $1.7 million. The company attributed the majority of this shortfall to $190.4 million in unrealized losses on digital assets and equity securities.
The story so far
- Aug 10
- Aug 11
How outlets cover it
3 outletsNot rated on the left–right scale. It describes Western party politics and doesn’t fit state media or outlets outside that system, so we show ownership and country instead.
Open questions and key claims
Trump Media & Technology lost $238 million in the second quarter, a more than tenfold increase in losses from the previous year.
Kevin McGurn dismisses ethical concerns, stating that providing licensed real-time public data through commercial APIs is a well-established business practice.
Trump Media & Technology Group reported a $238 million loss in the second quarter.
Kathleen Clark stated that Trump is 'selling expedited, privileged access to information about what he is doing as president.'
Trump Media had $1.7 million in revenue in the second quarter, more than double from a year earlier.
Shares of TMTG were down 8 percent at market closing on Monday.
The company is abandoning new business lines like online betting and crypto to refocus on its social media platform, Truth Social.
Who and where
Related stories over time
same people and places- Jul 17 earlierTrump Media reportedly mulling fee for first access to social media posts3 articles · 3 outlets
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