Truth Social is a social media platform owned by Trump Media & Technology Group (TMTG), an American media and technology company majority-owned by 45th U.S. president and current President-elect Donald Trump.
The platform positions itself as America’s “Big Tent” social media platform, encouraging open, free, and honest global conversations without discrimination.
Truth Social is available for download on both the Apple App Store and Google Play Store.
In recent developments, President-elect Donald Trump announced on Truth Social the appointment of actors Sylvester Stallone, Mel Gibson, and Jon Voight as “special ambassadors” to Hollywood. This initiative aims to revitalize the entertainment industry, which Trump describes as “great but very troubled.”
Additionally, Trump’s wealth has surged to an estimated $7 billion, largely due to shares of TMTG, the parent company of Truth Social. The stock price of DJT, representing TMTG, has increased significantly since his election win, contributing to the fluctuation in his net worth.
As Trump prepares to return to the White House, investors anticipate a market environment influenced by his social media activity, particularly on Truth Social. Analysts expect increased volatility as Trump begins his second term, with a focus on trade-related policies, tariffs, and defense spending.