Trump Media's Massive Losses Despite Modest Revenue

Donald Trump’s social-media business, Trump Media & Technology Group Corp., suffered substantial losses of over $58 million in the past year. This dramatic financial setback stands in stark contrast to the company’s booming share price. Despite generating just $4.1 million in revenue for the full year, as reported in a recent filing, the company was valued at approximately $7.5 billion. This significant valuation, combined with an 11% drop in early trading, highlights how the company, even amid modest financials, continues to attract retail traders with its meme stock.