Trump Media launches Truth Social data subscription for Wall Street at $100,000 per month

Published Aug 4, 04:07 PM UTC

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Donald Trump, through Trump Media & Technology Group, launched a premium data subscription service called Truth API, offering Wall Street firms early access to Truth Social posts for $100,000 per month. At least five firms have subscribed, generating $500,000 monthly revenue. Critics, including NYU economics professor Gian Luca Clementi, label this 'insider trading by definition,' arguing Trump monetizes information from his presidency. Trump Media reported a $405 million loss in Q1 2026. The service is part of Trump's broader pattern of leveraging his office for personal profit, including cryptocurrency ventures and branded merchandise. Legal experts debate whether faster access to public posts constitutes insider trading, with Trump Media denying wrongdoing.

Source

Yahoo FinanceWestern

Original headline: ‘This is insider trading by definition’: Trump sells $100,000 monthly subscription service to Wall Street to further monetize the presidency

Original language: EN-US

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Trump Media Launches Paid API for Early Access to President's Posts

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People and interests

Donald Trump Truth Social Wall Street