Trump media shares fall more than 20 per cent in a day

Donald Trump's social media company, Truth Social, has reported losses of $US58 million.

This comes just days after making its debut on the stock market.

Shares of Donald Trump's social media business crashed more than 20 per cent.

Wiping out gains from last week, after the company disclosed a net loss of $US58.1 million last year, alongside a loss of more than $US50 million in 2022.

The company generated just $US4.1 million in revenue for the full year, raising questions about its financial survival.