President Donald Trump’s social network, Truth Social, is on life support. Shares of the company that runs it, Trump Media and Technology Group (TMTG), hit a record low this week. The firm merged with blank check acquisition company Digital World Acquisition Corp. in March 2024, allowing it to be publicly traded under the ticker DJT. While Trump’s Truth Social did see some gains in terms of user numbers this year, as Forbes reports, the platform remains far smaller than its competitors like Elon Musk’s X-formerly-Twitter and Bluesky. More on TMTG: It’s Interesting How Truth Social Moved to Sell Stock Right Before Trump’s Tariffs Were Announced