Topic: trump media
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Trump Media loses $238M as bitcoin bet backfires
Trump Media & Technology Group reported a net loss of $238.1 million in Q2 2026, a more than tenfold increase from the $20 million loss in the same period last year. The massive loss was driven by the company’s bitcoin investment strategy, which backfired due to cryptocurrency price volatility. T...
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Trump Sells High-Speed Access to Market-Moving Truth Social Posts
Trump Media is launching Truth API on August 1st, a paid real-time data feed providing businesses with the fastest access to President Trump's most influential Truth Social posts. The service raises significant conflict of interest concerns, as the financial benefits will directly enrich the Trum...
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Trump Media's Fusion Plant: No Power Soon
The merger between Trump Media and TAE Technologies aims to build a utility-scale fusion power plant by 2031, an exceptionally aggressive timeline facing major scientific, engineering, and financial hurdles. Fusion energy is a sought-after clean power source that mimics the sun's reactions, attra...
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Who Owns Trump Mobile? The Truth Revealed
Trump Mobile is operated by a separate, private company called T1 Mobile LLC, which uses the Trump name under a limited license from The Trump Organization, creating a significant separation between the brand and the venture's operations. The ownership and leadership of T1 Mobile LLC are unclear,...
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Trump Media Merges With Fusion Power Firm in $6B+ Deal
Trump Media and Technology Group (TMTG) is merging with TAE Technologies in a multi-billion dollar deal to enter the commercial fusion energy sector, citing rising global electricity demand. The merger combines TMTG's digital media assets and financial resources with TAE's decades of fusion resea...
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Trump Media Merges with Nuclear Fusion Firm
Trump Media, parent of Truth Social, is merging with a nuclear fusion firm to form a new entity valued over $6 billion, marking a dramatic pivot from social media to advanced energy. The merged company, led by Donald Trump Jr. on its board, plans to break ground on a utility-scale fusion power pl...
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