Foreign media: Trump's social platform Truth Social may merge with Musk's X platform

Jinse Finance reported that Truth Social, a social platform owned by Trump, may merge with Musk's X platform (formerly Twitter). Data shows that Truth Social's revenue in the third quarter of this year was only 2.6 million US dollars, with 698,000 mobile monthly active users and 11.3 million website monthly visits. In contrast, X platform is expected to have an annual advertising revenue of 2 billion US dollars, with 70.4 million monthly active users and 1 billion website monthly visits. Northwestern University's Director of the Center for Communication and Public Policy Erik Nisbet stated that since Musk took over, the content style of X platform has gradually aligned with Truth Social. Both platforms are marketed with 'freedom of speech' as their selling point, mainly targeting conservative audiences. Data shows that 57% of Truth Social users consider it as a daily news source, while X platform is at 59%. Industry insiders believe that the potential merger makes more commercial sense for Trump and can serve as his cash-out exit strategy. At present, his stock holdings are worth about $3.3 billion.