Trump Media Reportedly Sought $100,000 Monthly Fee for Priority Access to President’s Truth Social Posts

NEW YORK: Trump Media & Technology Group (TMTG), the parent company of Truth Social, has reportedly proposed charging Wall Street trading firms and financial institutions up to $100,000 per month for premium access to a high-speed data feed carrying U.S. President Donald Trump’s social media posts, according to people familiar with the matter.

The proposed service, known as “Truth API,” is designed to provide banks, hedge funds and high-frequency trading firms with the fastest possible access to posts from the platform’s most influential accounts, allowing subscribers to receive market-moving information milliseconds before standard notifications. Sources said TMTG also discussed a discounted subscription of $60,000 per month for customers willing to commit to a three-year contract.

Trump Media officially announced the launch of the licensed data feed on Thursday but did not disclose pricing details. The company said the service would include real-time delivery of posts from the platform’s top 10 accounts, as well as an archive dating back to 2022, and confirmed that customers have already signed up ahead of its planned August 1 launch.

The initiative represents TMTG’s first major move into data licensing as it seeks new revenue streams amid intense competition in the social media industry. Analysts note that President Trump’s posts on Truth Social have repeatedly influenced financial markets, making rapid access to his statements particularly valuable for traders and investment firms.

The proposal has drawn criticism from Democratic lawmakers, including Senator Ron Wyden, who argued that monetizing privileged access to presidential communications could financially benefit the Trump family while giving an advantage to major Wall Street firms. Legal experts cited by Reuters, however, said the plan is unlikely to violate existing federal ethics or trading laws, though it raises broader ethical concerns.

Trump Media did not immediately respond to requests for comment on the reported pricing discussions, while the White House referred inquiries regarding the criticism to the company.