Trump just found a way to make money off his wild Truth Social rants

Donald Trump’s social media activity has long been capable of sending financial markets into a frenzy. A single announcement about tariffs, international conflicts or economic policy can be enough to send investors scrambling to adjust their positions.

For most people, keeping up with the president means checking his Truth Social account and waiting for the next announcement.

But on Wall Street, where even a fraction of a second can make a difference, waiting is not particularly attractive.

Now, a new report received by Reuters suggests that some of the financial industry’s biggest players have found a way to get Trump’s posts faster than ordinary users.

And the privilege comes with a rather substantial price tag.

According to Reuters, financial information giant Bloomberg and two major trading firms have agreed to pay for accelerated access to the president’s Truth Social posts, through a service that can cost as much as $100,000 per month.

The arrangement has already raised questions about whether a company financially connected to a sitting president should be selling speedier access to his potentially market-moving statements.

Wall Street gets a head start on Trump’s announcements

Reuters reports that Bloomberg, Susquehanna International Group and Jump Trading have signed up for a premium data service operated by Trump Media & Technology Group, the company behind Truth Social.

Susquehanna and Jump Trading specialize in high-frequency trading, using sophisticated computer systems to analyze information and execute transactions at extraordinary speeds.

The service, called Truth API, allows paying customers to receive Trump’s posts through a direct technical connection rather than manually checking his social media profile.

Trump Media introduced the product in July, targeting financial institutions and other businesses interested in receiving information as quickly as possible.

According to the company, the service can provide a timing advantage of approximately 50 milliseconds.

That might sound insignificant to anyone casually scrolling through social media.

For automated trading systems, however, 50 milliseconds can represent a meaningful advantage.

Computer programs used by high-frequency trading firms can process news, assess its potential financial impact and execute trades within thousandths of a second.

The faster a firm receives important information, the sooner its systems can potentially react.

Reuters’ report marks the first public identification of Bloomberg, Susquehanna and Jump Trading as customers of the service.

All three companies declined to comment.

Trump’s words can move billions

The commercial appeal of the service becomes clearer when considering how financial markets have reacted to Trump’s announcements.

The president frequently uses Truth Social to communicate major developments involving international relations, trade policy and military operations.

Such statements can influence stock prices, currencies, commodities and other financial assets.

In April, for example, oil futures fell after Trump announced a ceasefire in the Iran war through Truth Social.

For traders monitoring oil prices, receiving that announcement even slightly ahead of competitors could potentially create opportunities to buy or sell before the wider market fully reacts.

The advantage is not necessarily about receiving secret information. Rather, it concerns how quickly publicly released information reaches different market participants.

Trump Media has presented the service as a commercial data product, similar to technology already used throughout the financial industry.

Critics, however, argue that the president’s unique position makes the arrangement considerably more complicated.

After all, Trump’s posts are not merely the personal observations of a celebrity or business executive.

They can also contain official announcements from the president of the United States.

Trump’s family has a financial stake in the business

Questions surrounding the service extend beyond the trading advantages it provides.

Trump’s family trust owns approximately 41 percent of Trump Media, according to regulatory filings cited by Reuters.

The president is the trust’s sole beneficiary, while his eldest son, Donald Trump Jr., serves as trustee and holds voting and investment authority.

That ownership structure has intensified scrutiny of the company’s decision to commercialize faster access to presidential communications.

The White House maintains that Trump and his family are not directly involved in portfolio investment decisions.

However, spokesman Davis Ingle did not directly address allegations that the president’s position could create an improper financial advantage for his business interests.

Trump Jr. did not respond to Reuters’ request for comment.

Questions concerning his involvement were referred to the Trump Organization, which also did not provide a response.

Meanwhile, Trump Media has faced substantial financial difficulties.

The company’s shares have declined by more than 50 percent this year, according to Reuters.

Its market valuation, which stood at approximately $8 billion when it debuted publicly in March 2024, has fallen to around $1.8 billion.

Since 2024, the business has recorded approximately $1.76 billion in losses, including non-cash accounting charges.

Against that financial backdrop, the new subscription service represents another potential source of revenue.

Democrats demand answers from regulators

The arrangement has already attracted attention from Democratic lawmakers.

Senators Elizabeth Warren and Adam Schiff called on the Securities and Exchange Commission in July to investigate whether the paid data service could violate federal securities laws.

They characterized the arrangement as a “shocking abuse” of presidential office for personal financial benefit.

The senators’ criticism reflects concerns that Trump’s official position could be used to generate commercial revenue through a business in which he retains a significant financial interest.

The SEC declined to comment on the matter.

Trump Media, meanwhile, has rejected suggestions that the service is improper.

In a statement responding to Reuters’ reporting, the company said:

“Truth Social offers an industry-standard API product for which there is significant demand across industries. We take customer confidentiality seriously. This reporting is based on misleading information being peddled by anonymous sources aimed at harming our company, customers and shareholders.”

The company has also accused Democratic critics of misunderstanding the distinction between information that is publicly available and information that is not.

“Congressional Democrats continue to mischaracterize Truth API either out of ideological opposition to free markets or a failure to grasp the distinction between public and nonpublic information,” a spokesperson said.

A legal battle over access to presidential information

The controversy has also reached the courts.

In August, Intercept Media and the nonprofit Freedom of the Press Foundation filed a lawsuit against Trump challenging the arrangement.

The organizations are seeking to prevent the White House from making official government announcements exclusively through Truth Social while the paid data service remains available.

Their argument centers on the principle that access to official government information should not depend on a person’s ability to pay substantial subscription fees.

The lawsuit describes the arrangement as “profoundly corrupt.”

It also alleges that the service could violate constitutional protections under the First and Fifth Amendments by creating unequal access to government information.

Those claims have not been established by a court, and the legal proceedings remain ongoing.

The central issue is whether selling faster technical access to presidential statements crosses a legal boundary when those statements include official government announcements.

For ordinary social media companies, charging businesses for data feeds is a familiar practice.

The complication here is that the person publishing the information is also the president, whose decisions and announcements can have immediate consequences for financial markets.

The company says more customers are paying

Trump Media previously told investors in August that it had signed more than 10 customer agreements for the service.

According to the company, most customers were Wall Street trading firms paying between $60,000 and $100,000 per month.

Reuters was unable to independently verify the total number of agreements.

The company also declined to identify its customers, citing confidentiality.

Reuters itself, which competes with Bloomberg in financial news and information services, said it had no immediate plans to purchase access.

“We will assess the service, but have no current plans to subscribe,” the news organization stated.

This article is made and published by Nicolai H, who may have used AI in the preparation