Overview
- Truth API went live on Saturday, Aug. 1, offering institutional clients a licensed, machine‑readable feed that delivers posts from President Trump and top accounts with reported latency advantages and prices up to $100,000 per month.
- Trump Media says the feed releases posts to subscribers the instant they are public, but the company also markets the product as a low‑latency service for hedge funds and high‑frequency traders to process posts faster than typical users.
- President Trump owns roughly 41 percent of the parent company, so subscription revenue would financially benefit him and has driven Democratic lawmakers to demand company records and urge the SEC to review the product.
- Truth Social says there were early sign‑ups and at least five firms have subscribed according to company statements, but multiple outlets were unable to independently verify which trading firms, if any, are paying customers.
- Reporting notes that Trump’s posts have moved stocks, currencies and commodities before, that Truth Social is under heavy financial pressure to find revenue, and that the feed could give fast traders a persistent advantage while triggering regulatory and congressional probes.