Truth Social, dessen Aktien um 56 % gestiegen sind, hatte im Februar nur 494.000 monatlich aktive Nutzer, verglichen mit 142 Millionen auf Facebook

Truth Social had just 494,000 monthly active US users on iOS and Android combined in February, according to Similarweb stats provided to CNN. That’s a small fraction of the 75 million on X and 142 million on Facebook.

Trump founded Truth Social [after being booted off leading social apps](https://finance.yahoo.com/news/trumps-truth-social-stock-soars-in-first-day-of-trading-133705717.html) like X (formerly Twitter) and Facebook. The social media platform leverages AI, including to automatically censor posts. To date the newcomer is still struggling to gain market share against the legacy brands.

“At these levels, it appears untethered to its underlying business results,” said Matthew Kennedy, senior IPO strategist at Renaissance Capital.  “Eventually, valuations tend to fall back on fundamentals. That means this stock is definitely at risk of plummeting back down to earth.”

All this stock is is a vehicle to raise much-needed cash for Trump from foreign money. They’ll dump money into this to keep it high until Trump can cash out his shares, then it’ll plummet. A ton of sucker retail investors will lose money; the foreign ‘investors’ will lose money but they don’t care because they see this is a donation, not an investment. Trump will then be beholden to them if he wins.