Trump mobile collected $59 million in deposits

Trump Mobile launched on June 16, 2025, and has since amassed an estimated $59 million in deposits to preorder the flagship T1 gold cell phone. To date, not a single phone has been shipped. Touted by President Donald Trump’s two oldest sons, Eric and Donald Jr., as a “revolutionary” product, the T1’s announced August 2025 release never came to fruition. An update to the preorder terms and conditions on April 6, 2026, said there is no “guarantee that a Device will be produced or made available for purchase.” “Estimated ship dates, launch timelines, or anticipated production schedule are non-binding estimates…