ع
Trump Media & Technology Group rolled out its Truth API on August 1 after first announcing plans in mid-July delivering a licensed real-time feed of posts from the platform’s 10 most influential accounts milliseconds before they reach the general public according to a Reuters dispatch. The service prominently features President Trump’s account which maintains more than 13 million followers and routinely includes policy statements on tariffs international affairs and economic matters the BBC noted in its coverage of the launch. A company spokesperson told Reuters that the API serves as a legitimate alternative to unauthorized data scraping that had violated Truth Social’s terms for months while also archiving material back to the platform’s 2022 inception.
Subscriptions for the high-speed data feed have been pitched at up to $100000 per month with a lower $60000 rate available for three-year commitments multiple outlets including the Financial Times and CNBC reported citing sources familiar with sales discussions. The product targets hedge funds high-frequency trading desks and investment banks seeking an edge on announcements that can immediately swing stock prices bond yields or currency values an Associated Press review of past Trump postings found. Trump frequently leverages Truth Social for such updates which have triggered rapid market reactions in sectors ranging from technology to energy according to analyses compiled by NPR.
President Trump holds roughly 41 percent of Trump Media through a revocable trust positioning him to benefit directly from any new revenue the service generates Securities and Exchange Commission filings referenced by Time magazine show. The company recorded approximately $3.7 million in revenue during 2025 while sustaining ongoing losses and a 75 percent drop in its share price since the beginning of his current term the Associated Press reported after examining financial disclosures. Truth Social originated in 2022 following Trump’s removal from mainstream platforms with the parent group completing a public listing through a SPAC transaction in 2024 various business publications have chronicled.
Democratic lawmakers have challenged the initiative with Rep. Jamie Raskin launching a formal investigation on July 31 and characterizing it as a scheme that sells advance notice of presidential actions to the highest bidders at the expense of retail investors according to a statement from the House Judiciary Committee Democrats. Sen. Elizabeth Warren described the arrangement as “open corruption” in a letter urging the Securities and Exchange Commission to assess possible violations of securities laws or market manipulation rules as detailed in Axios coverage. The concerns focus on how early subscribers could trade ahead of public responses to Trump’s statements which often introduce unexpected policy shifts lawmakers argued in their correspondence.
Trump Media has defended the product as a standard commercial offering that enforces platform rules while delivering value to licensed users with interim CEO Kevin McGurn calling it “a direct licensed real-time feed of the platform’s most market-moving Truths” in the official announcement cited by The Guardian. Finance journalist James Surowiecki countered that the setup appears to breach insider trading prohibitions according to his comments quoted in Business Insider. The company further maintained that simultaneous availability to subscribers and the broader audience mitigates fairness issues a position outlined in its statements to reporters.
Shares of Trump Media rose 5.5 percent to $10.39 in the session preceding the API debut Forbes figures indicated. Ongoing congressional oversight and potential regulatory examinations could shape the service’s long-term operation as lawmakers from both parties continue to track its implementation according to recent reporting in The Guardian and NBC News. The launch adds another monetization layer for a platform that has struggled to diversify beyond advertising amid competitive pressures in the social media sector.
