Rob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.
Shares in Trump Media and Technology Group were down about 7% on Monday afternoon after the company reported scant revenues and a net loss in its first full quarter as a public company. Meanwhile, Donald Trump returned to X early Monday in advance of his interview with X owner Elon Musk later in the day, raising some doubt about whether Trump would continue favoring Truth Social, the social media platform owned by Trump Media.
But in its initial public offering, the company officially warned that if Trump stopped posting to Truth Social, investors would be materially harmed. While Trump is contractually obligated to post on Truth Social before he does so on any other platform, the rule does not apply to posts related to his campaign and politics. Trump, who was once a prolific tweeter, last posted on X, formerly known as Twitter, in August 2023. “They want to silence me because I will never let them silence you,” Mr.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump Media Deal With GOP Donor Poses Conflicts of InterestThe deal could give an energy magnate access to a future president and an advantage in extracting favors from Trump.
Read more »
Media Research Center: Elon Musk’s X/Twitter Boosts Leftist Media, Diminishes Conservative MediaSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Olympics Drag Queen ‘Last Supper’ Sparks Outrage From Musk, Rob Schneider, GOP PunditsBrian Bushard is a Boston-based breaking news reporter on the Forbes news team, covering sports money, U.S. politics, foreign policy, and former President Donald Trump's ongoing legal cases.
Read more »
Trump Media surges after assassination attempt seen as boosting Donald Trump's reelection oddsShares of Trump Media & Technology Group, the owner of Truth Social, surged in Monday trading as Wall Street weighed Donald Trump's reelection odds.
Read more »
Trump's 17-year-old granddaughter, Kai, speaks at RNCKai Trump is Donald Trump Jr.'s daughter, and Donald Trump's eldest grandchild.
Read more »
Melania Trump and Ivanka Trump appear at RNC to support Donald TrumpRooted in fact-based, transparent reporting, Newsy is an award-winning opinion-free network owned by the E.W. Scripps Company that is relentlessly focused on “the why” of every story and seeks to enable a more intimate and immersive understanding of the issues that matter.
Read more »