SOLVED (solution at the end)
I have the following layout, I want the text SOME LOOOOOOOOOOOOOONG TEXT to don´t break the line and show an ellipse.
E.x.: Pangaré Figueiredo SOME LOOOOOO...
const LastHighline = (props: Props) => {
  return (
    <TouchableOpacity className="my-3 flex-row items-center gap-x-3">
      <View className="flex-initial">
        <HistorySvg />
      </View>
      <Text className="flex-1 overflow-hidden whitespace-nowrap overflow-ellipsis">{props.name} SOME LOOOOOOOOOOOOOONG TEXT</Text>
      <View className="flex-shrink-0 flex-row items-center">
        <HeightSvg />
        <Text>{props.height}m</Text>
      </View>
      <View className="flex-shrink-0 flex-row items-center gap-x-2">
        <WidthSvg />
        <Text>{props.length}m</Text>
      </View>
    </TouchableOpacity>
  );
};
Solution
Just put flex-1 in order to make the element shrink and grow when necessary, and the truncate was substituted with a property of <Text> tag named numberOfLines, set to 1 and got the expected result
check the resource here How to have Ellipsis effect on Text
<Text className="flex-1" numberOfLines={1}>{props.name} SOME LOOOOOOOOOOOOOONG TEXT</Text>`

 
    