Trump Media eyes $100K/month for fastest Trump posts
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Trump Media & Technology Group has discussed charging Wall Street traders and investment firms up to $100,000 a month for fastest access to Trump's Truth Social posts via a new licensed 'Truth API' feed launching August 1.
- The company also pitched a discounted three-year plan at $60,000/month, with the product delivering round-the-clock coverage and an archive going back to 2022 of posts from the 10 most influential Truth Social accounts.
- Senator Ron Wyden of Oregon, the top Democrat on the Senate Finance Committee, said the feed would financially benefit the Trump family and 'make Wall Street traders rich,' while the White House referred questions to TMTG.
- Senator Elizabeth Warren of Massachusetts, the top Democrat on the Senate Banking Committee, called it 'an egregious scheme to profit off the presidency and enrich Wall Street while doing nothing to help Americans.'
- Donald Sherman, president of Citizens for Responsibility and Ethics in Washington, called the arrangement 'wildly unethical' but noted constitutional emoluments clauses and insider-trading laws likely would not apply because the president's posts reach wide audiences simultaneously.
- The Donald J. Trump Revocable Trust, overseen by his children, holds roughly 114.75 million shares of TMTG — about 41% of all outstanding stock — so subscription revenue flows into the president's own investment portfolio.
- TMTG shares closed flat at $9.66 on Friday, down roughly 27% year-to-date, valuing the company at about $2.7 billion even as it opens a new data-licensing revenue stream.
Why it matters: Trump's Truth Social posts have already moved major indexes — they turned sharply higher after his April 9, 2025 tariff-pause announcement — and a millisecond edge on such posts can net high-frequency traders hundreds of thousands per trade. With roughly 41% of TMTG shares held in a Trump family trust, subscription fees from Wall Street go directly back to the president whose words are being monetized, a loop ethics experts call legally murky but not clearly prohibited.
