🚀 Daring Fireball: Trump Media Plunges as Truth Social’s $58 Million Loss Reported
I want to laugh, but: If Trump is elected again in November — which, based on the close results of 2016 and 2020, and the current polling data, is definitely possible — shaking down lobbyists and foreign governments with exorbitant rates for ads on Truth Social seems like a much better grift than running a hotel across the street from the White House. A corrupt president owning a social media site would be a grift that scales. If there’s any rational reason for Trump Media to have any value at all, it’s that. It’s worthless today, but could be a veritable goldmine in a second Trump administration.
It’s all so scary, guys. Please, please elect the boring old guy, for fuck’s sake. #thoughts