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CNBC·3 min read·medium

Trump Media pitched $100,000/month fee for fastest feed of Trump posts

R
Reuters
Trump Media pitched $100,000/month fee for fastest feed of Trump posts
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Trump Media & Technology Group is reportedly considering charging financial firms up to $100,000 per month for high-speed access to Truth Social posts. The move aims to monetize market-moving content, though it has drawn criticism from political figures concerned about market fairness.

Why it matters

This highlights the intersection of social media influence, high-frequency trading, and the monetization of political communication.

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Donald Trump's social media company has discussed charging Wall Street traders and investment firms as much as $100,000 a month for faster access to the U.S. president's posts on his Truth Social platform, according to people familiar with the matter.

Trump Media & ⁠Technology Group , which owns Truth Social, has in recent weeks also pitched a discounted plan of $60,000 per month if the firms sign up for a three-year plan, the sources said, requesting anonymity as the discussions are ​confidential.

TMTG on Thursday unveiled a paid-for, licensed data ​feed called "Truth API" to provide banks and trading ​firms the fastest access to posts from the 10 most influential Truth Social accounts, but did not give any pricing details.

The move would be the company's first step into data licensing, opening up a new revenue stream, although it drew immediate criticism from Democrats.

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