A price tag now hangs on early access to Donald Trump’s thoughts. For $100,000 a month, trading firms can receive the president’s opinions shared on Truth Social milliseconds before the general public sees them. This turns presidential commentary into a premium financial data feed.
Truth Social to sell instant access to Donald Trump and other users’ posts
Trump Media & Technology Group unveiled the product last week through its Truth Social platform. The company will pipe Donald Trump’s posts directly to paying subscribers via an API feed. This will deliver the posts to them before the general public sees them on the website or app.
Financial data feeds are a familiar fixture on Wall Street. Bloomberg terminals and Dow Jones newswires have long charged hefty sums for real-time headlines. High-frequency trading firms build entire strategies around receiving information milliseconds ahead of rivals. Truth Social had never tapped this market before, despite holding a unique asset: a single user whose words routinely jolt markets.
The price point raised eyebrows. The Financial Times reported that Twitter charges less than half this amount for API access to its entire ecosystem of influential accounts. Yet, Trump’s exclusivity deal with his own platform means his posts appear nowhere else first. That monopoly transforms his commentary into a scarce commodity.
Kevin McGurn, the company’s interim chief executive, pitched the offering. “Markets already move on Truth Social posts,” he stated, calling the API a “high-margin, recurring revenue stream.” Trump holds roughly 42 percent of the company’s shares.
Some hedge fund executives balked at the arrangement. One told the Financial Times the situation was “scandalous” while conceding that fiduciary duty might compel firms to subscribe anyway. Investment managers face legal exposure if they skip a market-moving data source that competitors exploit. “It’s a huge misuse of power,” a crypto trader told the outlet. “It’s a terrible look . . . not exactly presidential and impartial.”
The company confirmed it has already signed customers and expects more before the August 1 launch. For a platform that SEC filings openly acknowledge depends entirely on Trump’s continued presence, the move converts that dependence into a revenue engine. The feed costs $100,000 monthly, and Wall Street will now decide whether ignoring the president’s next post carries a price tag of its own.
Originally reported by Devanshi Basu on Mandatory.
