Trump Has Already Made Over $1 Million Selling Access to His Truth Posts
Trump Media could have already made more than $1 million from trading firms paying for early access to President Trump's Truth Social posts, the company confirmed Monday.
More than 10 high-frequency trading firms subscribed to the service, called Truth API. They pay between $60,000 and $100,000 a month for faster access to market-moving posts.
How Truth API Works
Truth API launched in early August. It gives subscribers machine-readable access to posts from Truth Social's most-followed accounts, including Trump's own.
At $60,000 to $100,000 a month, more than 10 subscribers already generate potentially over $1 million in monthly fees. Interim Chief Executive Officer Kevin McGurn disclosed the fee range during Trump Media's first-ever earnings call. He called the early rollout "the early innings."
