← Back to news
August 10, 2026
Trump Media Shifts Focus to Truth API Amid $238 Million Loss
- Trump Media & Technology Group reported a net loss of $238 million for Q2 2023, significantly higher than last year's loss for the same period.
- The company is pivoting back to its core operations with the launch of Truth API, offering early access to Trump's posts for $60,000 to $100,000 per month, already attracting ten clients.
- Despite the new revenue stream, Trump Media faces $1 billion in debt and scrutiny over its business practices, with shares dropping 8% recently.
Read the news this way every day.
Concur organizes political reporting into clear stories and shows the sources behind each one.
Free. No ads.
3 Sources
- Trump Media posts $238 million second-quarter loss as crypto declinesAug 10, 2026 at 9:48 PM · CNBC
- Trump Media reports $238m loss as crypto fallsAug 11, 2026 at 1:12 AM · BBC
- Trump’s Truth Social to charge Wall Street $1.2M a year for early access to postsAug 11, 2026 at 6:11 AM · Independent