Overview
- Trump Media began offering Truth API on Aug. 1 and the live product delivers posts from the platform’s ten most influential accounts in milliseconds.
- Reports say the company is charging roughly $60,000 to $100,000 per month and that at least five paying clients include media outlets and high-frequency trading firms.
- President Trump’s Truth Social posts have moved markets in the past, producing fast swings in stocks, oil and other assets after notable announcements such as an April 2 tariff message.
- Senators Elizabeth Warren and Adam Schiff asked the SEC to investigate whether selling faster access creates conflicts of interest or unfair market advantages while Trump Media and the White House say the content is public and the company only sells speed.
- Trump holds about 41.5% of Trump Media through a family-controlled fund so API revenue would financially benefit him and legal experts say no clear statutory ban exists though investigations or new rules could follow.