Trump Media Pitches $100,000 Monthly Fee for Fastest Access to Market-Moving Posts
Trump Media & Technology Group (TMTG) has reportedly discussed charging Wall Street firms up to $100,000 monthly for expedited access to influential posts on its Truth Social platform. The company aims to provide critical market information through its new 'Truth API' data feed. This move opens a new revenue stream for TMTG but also sparks ethical concerns.
Donald Trump's social media company, Trump Media & Technology Group (TMTG), has reportedly discussed charging Wall Street traders and investment firms as much as $100,000 a month for faster access to the U.S. president's posts on its Truth Social platform. The Financial Times (FT) reported that the company has also pitched a discounted plan of $60,000 per month for firms that commit to a three-year contract in recent weeks. This new paid-for, licensed data feed service is called 'Truth API' and marks TMTG's first step into data licensing.
The Truth API is designed to deliver posts from the 10 most influential accounts on Truth Social to customers at a significantly faster pace than a regular push notification. According to a company spokesperson, this speed advantage is crucial for high-frequency trading firms, where reacting to market-moving news within milliseconds can lead to hundreds of thousands of dollars in gains. TMTG's initiative is seen as part of its effort to grow its media business and create a new revenue stream amidst intense competition.
Donald Trump's announcements on Truth Social have historically had a significant impact on global markets. For instance, on April 9, 2025, Wall Street's main indexes turned sharply higher after Trump posted that he would pause many of his new tariffs for 90 days. This makes his posts a critical source of information for traders, businesses, and financial institutions.
The company is seeking new revenue streams as it faces challenges in scaling its media business in a highly competitive environment. TMTG reported a substantial net loss of approximately $405.8 million in the first quarter of 2026, with revenue only around $0.87 million. Its total revenue for 2025 was $3.68 million. This new data licensing venture aims to improve the company's financial performance and create value for its shareholders.
However, the initiative has drawn immediate criticism from U.S. Democrats. Senator Ron Wyden of Oregon stated that it would financially benefit the Trump family and 'make Wall Street traders rich.' Nonpartisan watchdog groups have also deemed it 'widely unethical' for the president to profit from access to his own policy announcements. The Donald J. Trump Revocable Trust, owned by Trump's family, holds approximately 114.75 million shares, representing about 41% of TMTG's total outstanding stock.
Market analysts anticipate that the Truth API could become a meaningful and ongoing source of revenue for TMTG. Kevin McGurn, interim CEO of Trump Media & Technology Group, stated that Truth API delivers a direct, licensed, real-time feed of the platform's most market-moving 'Truths,' advancing their strategy to monetize proprietary assets through a high-margin, recurring revenue stream. This is considered a strategic move for TMTG, especially given the critical importance of speed in accessing information within financial markets.
Following the FT report, TMTG shares (DJT) pared most of their losses but are still down approximately 27% this year. The success of this new data service and its impact on the company's stock performance and overall financial health will be closely monitored in the coming period.
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