Truth Social was launched in 2022 after Donald Trump was banned on Twitter. The platform gained 1 million users within the first two weeks of its launch.
Currently, the platform has surpassed 2 million active users and is predicted to attract 81 million users by 2026.
This post will provide you with the latest Truth Social statistics. You will also get detailed insights into figures related to the apps’ user base, downloads, demographics, traffic, and more.
So what’s the wait for? Let’s get into it.
Truth Social Statistics 2024 (Top Highlights)
- Truth Social has more than 2 million active users as of 2024.
- The market size of Truth Social is estimated to be $1.42 billion as of 2024
- Truth Social has had over 4.36 million app downloads to date.
- The app recorded 4.4 million visits in December 2023.
- 76.34% of the Truth Social users are from the United States.
- 3% of the social media users use Truth Social.
- 2% of Truth Social users prefer the app for news.
About Truth Social
| Launched On | February 21, 2022 |
| Headquarters | Sarasota, Florida |
| Founders | Donald Trump, Wes Moss, and Andy Litinsky |
| Active users | Over 2 million |
| Market Cap | $1.42 billion |
How Many Truth Social Users Are There?
There are 2 million active users on Truth Social as of 2024.
Further, according to the estimates made by Wikipedia, Truth Social has 607,000 monthly users.
Comparatively, Facebook has 3.05 billion, and Twitter has 528.3 million monthly active users. Hence, Truth Social has a long way to go to get into the list of top Social media platforms.
Source: Search Logistics, Wikipedia.
Truth Social App Had Over 1 Million Downloads In The First Two Weeks Of Launch
Meanwhile, the app recorded a total download of 170,000 on its first launch day.
The platform also grabbed the first spot for the most downloaded free media app in the United States between April 26th and May 1st, 2022.
Currently, the app is downloaded an average of 8,000 times per day.
The following table displays the number of Truth Social app downloads recorded on the Apple App Store and Google Play Store.
| Date | Apple App Store Downloads | Google Play Store Downloads |
|---|---|---|
| 2023-09 | 35,818 | 72,712 |
| 2023-08 | 89,703 | 92,140 |
| 2023-07 | 94,446 | 72,800 |
| 2023-06 | 67,419 | 72,646 |
| 2023-05 | 77,362 | 90,225 |
| 2023-04 | 80,848 | 141,350 |
| 2023-03 | 85,710 | 102,573 |
| 2023-02 | 59,929 | 38,939 |
| 2023-01 | 57,895 | 43,481 |
Source: Search Logistics, Statista.
Donald Trump Has 6.59 Million Followers On Truth Social As Of 2024
He had 4.83 million followers on The app in January 2023. That’s an increase of 1.76 million followers in just a year.
Truth Social followers of Donald Trump have increased rapidly since the app was launched, and the count has surpassed 6 million as of 2024.
Comparatively, Donald Trump has 87.73 million followers on Twitter.
Here are further details about the number of followers of Donald Trump on different social media platforms as of 2024:
- Twitter: 87.4 million
- Facebook: 34.49 million
- Instagram: 23.7 million
- Truth Social: 6.59 million
- YouTube: 2.65 million
Source: Statista, Truth Social, Twitter, Instagram.
Truth Social User Demographics
The majority of the Truth Social users are men and voters who support the republican party. Let’s take a detailed look at the user demographics of Truth Social.
7% Of People Aged 18 To 34 Said They Plan To Use Truth Social Often
Meanwhile, 50% of the people aged 18 to 34 said they are not interested in using the platform.
66% of Adults aged over 65 years are not at all open to the new platform, while just 5% said that they will often use the app.
The following table displays the interest of people from different age groups in using Truth Social.
| Age Group | Interested a Lot | Somewhat Interested | Not much Interested | Not at all Interested |
|---|---|---|---|---|
| 18 to 34 years | 7% | 28% | 15% | 50% |
| 35 to 44 years | 12% | 25% | 15% | 49% |
| 45 to 64 years | 10% | 21% | 12% | 57% |
| Over 65 years | 5% | 15% | 14% | 66% |
Source: Statista.
61% Of Women And 50% Of Men Said They Wouldn’t Use Truth Social At All
Meanwhile, 10% of men and 6% of women said they often use the app.
The following table displays the percentage of men and women using the Truth Social App and their views about it.
| Truth Social Usage | Men | Women |
|---|---|---|
| Often use the app | 10% | 6% |
| Somewhat use the app | 24% | 20% |
| Not much usage | 15% | 12% |
| Not at all interested to use | 50% | 61% |
Source: Statista.
Over 61% Of Republicans Say They’ll Use Truth Social
27% of the Republicans said they would often use the app, and another 34% said they would use it sometimes. On the other hand, 20% of the Republicans never plan to use the app.
This high usage of the app by the Republican party can be attributed to Donald Trump, as he belongs to the party.
Conversely, 72% of Democrat voters said they would never use the platform, while 7% said they would often use the app.
Among all the voters in the United States, just 37% are expected to be regular users of Truth Social.
Source: Business Insider.
Truth Social Market Statistics
The Truth Social market has been fluctuating since its launch. However, the app witnessed a significant loss in 2023.
Let’s take a closer look at the status of Truth Social’s market.
The Estimated Market Size of Truth Social Is $1.42 Billion As of 2024
According to the latest data, Truth Social is expected to cross the market cap of $1.5 billion by 2025.
The average value of a single stock of Truth Social is $36.21 in 2024.
Source: Market Watch.
Truth Social Had To Face A Loss Of $49 Million In The First Nine Months Of 2023
Truth Social posted a net loss of $23 million in the first six months of 2023. Comparatively, the platform generated a profit of $29 for the same period in 2022.
The company generated a revenue of just $1.07 million in the third quarter of 2023 and a total revenue of $3.38 million in the first nine months of 2023. This resulted in a total loss of $49 million in the first three quarters of 2023, including the loss of $26 million recorded in Q3 2023.
Source: Axios.
Truth Social Traffic Statistics
This section covers the latest figures about Truth Social’s traffic and its usage in different countries.
Truth Social Recorded 4.4 Million Visits In December 2023
Comparatively, the platform witnessed traffic of 6.2 million in October 2023 and 4.6 million in November 2023. That means the traffic recorded on the platform in December 2023 declined by 4.62%.
Besides, the average duration of visit on the platform was 5 minutes and 29 seconds.
Source: Similar Web.
76.34% Of The Truth Social Users Are From The United States
Over three-fourths of Truth Social users are in the United States. The platform’s second-highest users are from Canada, with 6.76% of the user share.
The platform was majorly launched in the United States and Canada. Hence, most users are from these two countries.
The following table displays the share of Truth Social users from different countries.
| Country | Share of Truth Social Users |
|---|---|
| United States | 76.34% |
| Canada | 6.76% |
| United Kingdom | 3.42% |
| Mexico | 2.09% |
| Germany | 1.35% |
| Others | 10.05% |
Source: Similar web.
General Truth Social Statistics
This section covers the general statistics related to Truth Social. You will come across figures related to the app’s user behavior, usage, and more.
Just 3% Of The Social Media Users Use Truth Social
A survey found that Reddit users and gamers or esports fans were more likely to be using the platform than almost any other group.
Besides, just 5% of the male social media users in the United States use Truth Social.
Here are further details about the different groups of social media users that prefer Truth Social.
- Social Media users: 3%
- Male Social Media users: 5%
- Millennials: 6%
- College Graduates: 6%
- Reddit users: 9%
- Game/ Esports fans: 9%
Source: Statista.
Just 25% Of Trump-Endorsed Candidates Use Truth Social Actively
Only one-fourth of the candidates from across the Senate, House, and gubernatorial elections who have received Trump’s public backing for the 2024 elections are active on Truth Social.
An investigation found that as Trump launched his 2024 election bid, he was struggling to gather support even from his own right-wing platform – Truth Social.
Source: Columbia Journalism Review.
Truth Social Has Boosted Donald Trump’s Net Worth By Up To $430 Million
After being banned from Twitter, Donald Trump developed Truth Social. Being launched in February 2022 with some glitches, Truth Social managed to grab the attention of more than 1 million users.
As a result, the app boosted Donald Trump’s net worth from $2.4 billion to $3 billion. Trump probably owns a 50% stake in the platform.
Source: Forbes.
Just 2% Of Us Adults Use Truth Social For News
Only 27% of the adults in the United States have heard about Truth Social.
However, many users who use the app to get news have had positive experiences. 87% of the news readers on the app say that they expect the news and information to be accurate, while 13% said it is mostly inaccurate.
Further, 58% of the news consumers said the platform helped them clear their thoughts about a current situation, while 17% said the app confused them more about current events.
Source: Pew Research.
Truth Social Vs. Twitter
Truth Social is created heavily after Twitter. Users can post ‘Truths’ similar to ‘tweets’ and share other’s posts ’Retruths’ just like retweets.
Here is a detailed comparison between Truth Social and Twitter.
| Comparison points | Truth Social | |
|---|---|---|
| Active Number of User | Over 2 million | 421 million monthly active |
| Daily Active Users | 607,000 | 220 million |
| Market Cap | $1.42 billion | $41.09 billion |
| Stock Price (as of 2022) | $36.21 | $53.70 |
| Post | Truths | Tweets |
| Repost | ReTruths | Retweets |
| Launched On | February 21, 2022 | July 15, 2006 |
It will be interesting to see how things turn out with Truth Social and its content in 2024 and in the years after.
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