Overview
- TMTG announced in mid‑July that it is preparing Truth API, a licensed data feed that will deliver posts from the platform’s highest‑impact accounts to institutional clients faster than standard notifications.
- Pitch materials reported this week show the fastest tier could cost roughly $60,000 to $100,000 per month and that the company is targeting an August 1 rollout while onboarding early customers.
- The product is aimed at banks, hedge funds and algorithmic traders who value milliseconds because past Truth Social posts by President Trump and others have moved markets.
- Experts and ethics scholars warn Truth API could create a two‑tiered market that gives well‑funded firms an informational advantage and could present a conflict of interest because President Trump’s trust holds a large stake in TMTG.
- Regulatory and legal questions remain unresolved: commentators and former SEC officials say the plan could collide with securities and disclosure rules, while political critics call for scrutiny and TMTG argues the API is a high‑margin revenue stream to shore up losses.