Truth Social is owned by Trump Media & Technology Group Corp. (TMTG), which is majority-owned by the Donald J. Trump Revocable Trust. TMTG trades publicly under the ticker DJT and has grown into far more than just a social media company — by early 2026, it held total assets of $2.2 billion, with more than $2 billion of that in financial assets.
The company’s balance sheet has swung sharply: TMTG closed 2025 with roughly $2.5 billion in financial assets, more than triple what it held at the end of 2024, before posting large losses over two quarters that pulled its market cap down from about $3.65 billion in December 2025 to around $2.47 billion by May 2026. TMTG has also been pursuing a merger with TAE Technologies, a nuclear fusion energy company, with both sides targeting a close in the fourth quarter of 2026 or sooner — a striking pivot for a company that started as a social media platform.
Quick Facts
| Platform | Truth Social |
|---|---|
| Parent Company | Trump Media & Technology Group Corp. |
| Ticker | Nasdaq/NYSE Texas: DJT |
| Majority Owner | Donald J. Trump Revocable Trust |
| 2026 Total Assets | ~$2.2 billion (Q1 2026) |
| 2026 Strategic Move | Pending merger with TAE Technologies (nuclear fusion), targeted Q4 2026 close |
Ownership History
| Year | Development |
|---|---|
| 2021 | Trump Media & Technology Group founded to launch Truth Social |
| 2022 | Truth Social launches publicly |
| 2024 | TMTG goes public via SPAC merger, trading under ticker DJT |
| 2025 | Company’s financial assets grow to roughly $2.5 billion by year-end, more than tripling from 2024 |
| 2026 | Market cap falls from ~$3.65B (Dec 2025) to ~$2.47B (May 2026) amid reported losses; TMTG announces a pending merger with nuclear fusion company TAE Technologies, targeted to close in Q4 2026 or sooner |
Key Ownership Highlights
- TMTG’s finances have become notably volatile — tripling financial assets through 2025, then posting large losses in early 2026 — reflecting how much the stock’s value depends on factors well beyond Truth Social’s platform performance alone.
- The proposed TAE Technologies merger would meaningfully diversify TMTG beyond social media into nuclear fusion energy, a significant strategic departure from the company’s original identity.
- As majority owner via his revocable trust, Donald Trump retains substantial control over TMTG’s direction even as the company pursues acquisitions and business lines unrelated to its original social platform.
FAQ
Who owns Truth Social?
Trump Media & Technology Group Corp. owns Truth Social, and the company is majority-owned by the Donald J. Trump Revocable Trust.
Is Trump Media merging with another company?
Yes. TMTG announced a planned merger with TAE Technologies, a nuclear fusion energy company, targeting a close in the fourth quarter of 2026 or sooner.