Former President Donald Trump’s net worth dropped a staggering $1 billion Monday after news of Truth Social’s reported financial losses sent its stock into free-fall, according to a new shares go into a free fall, according to multiple reports. Axios quipped, “This was a MAGA meme stock meeting financial reality.” Trump Media & Technology Group’s disclosure of a $58 million net loss in 2023, with just $4.1 million in revenue, mean that Trump’s stake in the company fell $4.89 billion to $3.84 billion, according to the report. Want more breaking political news? Click for the latest headlines at …