Donald Trump's Truth Social is set to become part of a publicly traded company after its parent company's merger was approved. The merger values Trump Media & Technology Group, Truth Social's parent company, at around $5.7 billion. However, Truth Social has only about 5 million active monthly users compared to platforms like Facebook and TikTok, which have more than 3 billion and 350 million active monthly users worldwide, respectively. Truth Social will continue losing money "for the foreseeable future," according to its own filings. Experts say the losses mean the company is worth far less than the stock price valuation.