Truth Social

Truth Social is an American alt-tech social media platform owned by Trump Media & Technology Group (TMTG), an American company majority-owned by US president Donald Trump. It has been called a "Twitter clone" that competes with Parler, Gab, and Mastodon in trying to provide an alternative to Twitter and Facebook.

The service was launched in February 2022, created in response to Trump's bans from major social networks after the January 6 Capitol attack. It is a self-styled "free-speech" alternative to mainstream platforms, catering primarily to a conservative and pro-Trump user base. Since mid-2022, it has faced financial and regulatory issues. It was unavailable on Google Play because of policies prohibiting content with physical threats and incitement to violence, but approved in October 2022 after agreeing to enforce policies against incitement.

As of March 2024, it was ranked number 38 in Apple's App Store rankings for social media apps. In 2022, Similarweb ranked it 133 in the U.S. in their "News & Media Publishers" category, ahead of Gab at 720 and Parler at 5,117.

Digital World Acquisition Corp. (DWAC), the special-purpose acquisition company formed to fund Truth Social's parent company TMTG and take it public, disclosed in 2023 that it was refunding investors the $1 billion it had raised for TMTG. A 2023 financial disclosure by DWAC indicated Truth Social had made a cumulative loss of at least $31 million since its inception. In 2024, DWAC shareholders voted to merge with TMTG, with the merged company trading on Nasdaq. In May 2024, TMTG's regulatory filing for the first quarter of 2024 reported $328 million in losses, resulting from taking the company public, and $770,000 in revenue.

Estimates in early 2025 suggested 6.3 million monthly active users—small compared with major rivals. Truth Social has faced multiple regulatory and legal investigations, including scrutiny from the SEC and DOJ over financial disclosures and accounting practices. The platform has drawn criticism for content moderation inconsistencies, misinformation, and its role in Trump’s political and media ecosystem.