In a scathing critique, Stephen Colbert didn’t hold back in reminding Donald Trump of his major business failures, as well as a deeply personal setback.
Shares in Trump’s Truth Social website took a significant hit this week, resulting in a loss of approximately $4 billion in value, according to “The Late Show” host.
Colbert expressed his surprise, exclaiming, “I’m genuinely amazed by the value that Truth Social has gained.”
The stock price took a hit when the company’s SEC filing disclosed that its revenue for the previous year was a mere $4.1 million, coupled with a significant loss of over $58 million.
Colbert referred to it as a monumental failure, stating that such a significant loss had not been witnessed since the failures of various Trump ventures, including the Trump Taj Mahal, Trump Plaza Hotel, Trump Steaks, Trump Airlines, Trump University, and even Trump’s own son, Eric.
