tech

Trump Media Has Struggled to Grow. Now It's Selling $100,000 Contracts for Access to Truth Social.

Updated on: August 11, 2026 / 6:38 PM EDT / CBS News

Trump Media Has Struggled to Grow. Now It's Selling $100,000 Contracts for Access to Truth Social.

TL;DR

  • Trump Media is selling access to its Truth API data feed for $60,000 to $100,000 per month.
  • The service primarily targets high-frequency trading firms seeking an advantage by seeing President Trump's posts milliseconds sooner.
  • Ethical concerns have been raised by experts and Democratic lawmakers about selling expedited access to the president's public statements.
  • Trump Media, which has never turned a profit, is seeking new revenue streams amidst financial difficulties.
  • The company plans to market the Truth API to other sectors, including ordinary investors, despite initial modest revenue generation.
  • Critics argue the service could lead to insider trading risks, while Trump Media dismisses these concerns as ideological or a misunderstanding of public information.
  • President Trump owns 41% of Trump Media, creating a personal financial interest in the market impact of his statements.