Overview
- TMTG announced Thursday that Truth API will begin on August 1 and stream posts from Truth Social’s 10 most influential accounts in machine-readable, millisecond delivery to institutional customers.
- The company says several institutional clients have already signed up to the paid feed and internal discussions reported by the Financial Times considered premium pricing as high as $100,000 per month.
- Ethics advocates and some lawmakers warned the product creates a conflict of interest because Trump’s family is the largest shareholder in TMTG and the platform is the president’s primary outlet for policy statements.
- Legal commentators cited in reporting say tiered, paid distribution of platform content is generally allowed under current securities rules, even as traders value faster API access because presidential posts have repeatedly moved stocks, oil and crypto.
- The launch is a clear bid to generate recurring revenue for a loss-making company that owns the president’s platform and is likely to draw political, regulatory and ethics scrutiny as observers watch who gets early access and how it affects markets.