# What about Trump's new social network? I hear crickets

**URL:** <https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024>\
**Category:** The BBQ Pit\
**Tags:** trump\
**Created:** [February 23, 2022, 10:19pm UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024 "2022-02-23T22:19:02Z")\
**Posts on this page:** 15\
**Page:** 33

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**Author:** ![scudsucker](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/scudsucker/32/14101_2.png) [@scudsucker](https://boards.straightdope.com/u/scudsucker)\
**Post date:** [February 19, 2026, 7:01am UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024/641 "2026-02-19T07:01:52Z")

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The Mafia has something called “accountability for your actions” too, which appears to be somewhat lacking here.

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**Author:** ![Atamasama](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/atamasama/32/12961_2.png) [@Atamasama](https://boards.straightdope.com/u/Atamasama)\
**Post date:** [February 19, 2026, 7:39am UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024/642 "2026-02-19T07:39:22Z")

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And “Made Men” instead of “Made-Up Men”.

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**Author:** ![Ludovic](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@Ludovic](https://boards.straightdope.com/u/Ludovic)\
**Post date:** [February 22, 2026, 1:31am UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024/643 "2026-02-22T01:31:52Z")

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> [@Buck\_Godot](#):
>
> DJT price did get a big spike around December 20th when they announced their merger with TAE Techologies working on Fusion power. Who has promised to build a power plant in 2026 and have it sending power radiation free power to the grid by 2031.

I have no idea what “power radiation free power” was supposed to originally have been, but I’m going to assume for the purposes of humor that they’re planning on beaming power to people through the air using scalar waves, i.e. the same principle as the 2020’s style “Death Ray”.

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**Author:** ![Johnny\_L.A](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnny_l.a/32/1084_2.png) [@Johnny\_L.A](https://boards.straightdope.com/u/Johnny_L.A)\
**Post date:** [February 22, 2026, 1:33am UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024/644 "2026-02-22T01:33:50Z")

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Power to the People!

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**Author:** ![Gyrate](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/gyrate/32/3588_2.png) [@Gyrate](https://boards.straightdope.com/u/Gyrate)\
**Post date:** [February 22, 2026, 1:33am UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024/645 "2026-02-22T01:33:57Z")

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Ah, they’re 2020s-style death rays.

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**Author:** ![Locrian](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/locrian/32/14146_2.png) [@Locrian](https://boards.straightdope.com/u/Locrian)\
**Post date:** [February 22, 2026, 1:40am UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024/646 "2026-02-22T01:40:38Z")

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So, you’re saying they’re 2020s-style death rays.

😂

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**Author:** ![Buck\_Godot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/buck_godot/32/6573_2.png) [@Buck\_Godot](https://boards.straightdope.com/u/Buck_Godot)\
**Post date:** [February 22, 2026, 1:45am UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024/647 "2026-02-22T01:45:06Z")

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> [@Ludovic](#):
>
> I have no idea what “power radiation free power” was supposed to originally have been

Editing issues. It should have been “radiation free power”. The idea being that the version of fusion they were advertising doesn’t require radioactive fuel or produce radioactive byproducts like the more traditional methods (which require 25-fold lower temperature and so are on a lower order of impossibility).

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**Author:** ![Buck\_Godot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/buck_godot/32/6573_2.png) [@Buck\_Godot](https://boards.straightdope.com/u/Buck_Godot)\
**Post date:** [May 20, 2026, 3:42am UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024/648 "2026-05-20T03:42:11Z")

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Just checking in.

So Truth Social filed its [quarterly earnings statement.](https://quartr.com/companies/trump-media-technology-group-corp_10812) in early May.  
The good news (for them) is that revenue was up 6% to $871K The bad news is that they lost $406 million mostly by betting on bit coin (turns out Trump isn’t the savior the crypto bros thought.)

On the other hand they raised a bunch of capital by issuing stock and taking on debt, so they probably will be able to hemorrhage money at this rate for several years before they become entirely insolvent.

Meanwhile their stock price closed today at a new low of $8.00 a share. Congratulations everyone.

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**Author:** ![Tatterdemalion](https://avatars.discourse-cdn.com/v4/letter/t/43a26b/32.png) [@Tatterdemalion](https://boards.straightdope.com/u/Tatterdemalion)\
**Post date:** [May 20, 2026, 3:57am UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024/649 "2026-05-20T03:57:46Z")

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It kind of looks like a money laundering operation doesn’t it?

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**Author:** ![LSLGuy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/lslguy/32/5813_2.png) [@LSLGuy](https://boards.straightdope.com/u/LSLGuy)\
**Post date:** [May 20, 2026, 10:30am UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024/650 "2026-05-20T10:30:48Z")

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Always did. Still does.

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**Author:** ![JRDelirious](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/jrdelirious/32/9531_2.png) [@JRDelirious](https://boards.straightdope.com/u/JRDelirious)\
**Post date:** [May 20, 2026, 2:14pm UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024/651 "2026-05-20T14:14:05Z")

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> [@Buck\_Godot](#):
>
> The bad news is that they lost $406 million mostly by betting on bit coin (turns out Trump isn’t the savior the crypto bros thought.)

And crypto is not the great deal all of them promised.

But the Trumps, of course, will have made sure they paid themselves in actual dollars up front. They know THAT much.

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**Author:** ![Buck\_Godot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/buck_godot/32/6573_2.png) [@Buck\_Godot](https://boards.straightdope.com/u/Buck_Godot)\
**Post date:** [October 20, 2026, 2:08am UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024/652 "2026-10-20T02:08:01Z")

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Time for another bump and update. So last seen Trump media had decided to merge with a Fusion company that promised to Build a power plant in 2026, (you got 2 months guys) and had a stock price around $8.00 a share as of May 19th . Over the next 4 months it came back a bit and bounced around, closing at 9.06 Sept 29th. Still down 90% (or 1000% using [Trump math](https://www.yahoo.com/news/articles/trump-unwittingly-reveals-backwards-math-010710598.html)), but a bit up from where it was. Then on Sept 30th they filed their merger agreement with the SEC, and their stock has began a parabolic descent like a unrine stream into the toilet. Losing 10% the first week, 14% the next week and already down another 13% in the first three trading days of the third week to close at $6.40 today.

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**Author:** ![romansperson](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/romansperson/32/17100_2.png) [@romansperson](https://boards.straightdope.com/u/romansperson)\
**Post date:** [October 20, 2026, 2:26am UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024/653 "2026-10-20T02:26:01Z")

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Getting close to penny stock territory!

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**Author:** ![LSLGuy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/lslguy/32/5813_2.png) [@LSLGuy](https://boards.straightdope.com/u/LSLGuy)\
**Post date:** [October 20, 2026, 11:41am UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024/654 "2026-10-20T11:41:49Z")

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FYI, this ongoing thread has been keeping a running ticker on how bigly that stock has been doing for a couple years now.

> [@How Can Truth Social be worth $6 Billion? {Trump Media & Technology (DJT)}](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202):
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> I don’t know if this is factual thread, an opinion thread, or a political thread. Trump owns 60% of Truth Social and will make out like a bandit. How it the world is it worth so much? I saw that in the third quarter of 2023 the company generated just $1.1 million in revenue. REVENUE not profit.

That being in IMHO, there’s not a lot of invective, but the vitriol runs ankle deep in the streets.

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**Author:** ![Gyrate](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/gyrate/32/3588_2.png) [@Gyrate](https://boards.straightdope.com/u/Gyrate)\
**Post date:** [October 20, 2026, 1:58pm UTC](https://boards.straightdope.com/t/what-about-trumps-new-social-network-i-hear-crickets/960024/655 "2026-10-20T13:58:40Z")

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All of us are lying in the gutter, but some of us are making little vitriol castles.

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