Trump Media considering 'spinning off' money-losing Truth Social as stock plummets: report

While Donald Trump has amassed billions from various business ventures since his re-election, his Truth Social platform—where he posts major announcements and grievances—continues to hemorrhage money at an alarming rate, and significant changes may be forthcoming.

According to Mother Jones analyst Russ Choma, Trump Media and Technology Group, founded in 2021, is watching its DJT stock value plummet. Choma reports: "Trump's company is expected to announce its fourth quarter earnings soon.