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
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.