Truth Social had just 494,000 monthly active US users on iOS and Android combined in February, according to Similarweb stats provided to CNN.
Even Threads had more than 10 times the number of monthly active users that Truth Social had in February, according to Similarweb.
The last Trump company to go public, Trump Hotels and Casino Resorts in 1995, used the same DJT ticker symbol.
Like any social media business, Truth Social faces pressure to grow its user base, expand its advertising business and build a subscription service.
“If he wins in November, Truth Social will probably be the primary means of presidential communication,” said Kennedy.
Persons:
Donald Trump’s, –, ”, Jay Ritter, Ritter, “, Reddit, Matthew Kennedy, Kennedy, Jonathan Macey, that’s, ’ Matthew Tuttle, Tuttle, it’s Trump, you’ve, ” “, I’m, Donald Trump, Trump, “ Donald J, TMTG, skeptically
Organizations:
New, New York CNN, Trump Media & Technology Group, Trump Media, University of Florida’s Warrington College of Business, GameStop, AMC, Trump, Renaissance, Truth, CNN, Facebook, Yale, Digital, Tuttle Capital Management, SEC, Trump Hotels, Casino Resorts, New York Stock Exchange
Locations:
New York, ”, United States