Former President Donald Trump's social media platform, Truth Social, has suffered a net loss of over $73 million since its launch in February 2021. The filing raises serious doubts about the platform's viability, with independent accountants indicating that the company's financial condition raises substantial doubt as to its ability to continue as a going concern. The platform has faced criticism for its lack of user engagement and its failure to attract a large user base, raising questions about its future and whether it can turn its fortunes around.
