Trump Media Sells Up to $100,000 Monthly Truth Social Faster Access
Trump Media is targeting growth by selling “faster access” Truth Social posts via its Truth API for up to $100,000 a month. CEO Kevin McGurn said it has signed 10+ customers, mainly high-frequency trading firms seeking millisecond advantage. Q2 revenue rose 89% to $1.67 million, but losses widened to $238 million as crypto holdings fell. Ethics experts and Democratic lawmakers question whether investors should pay for access to a president-linked feed.
Coverage (7)
- Trump sued over selling early access to Truth Social posts (independent.co.uk)
- Trump sued over service selling faster access to Truth Social posts (npr.org)
- Trump sued over “brazen” scheme to sell Truth Social API access for $100K a month (arstechnica.com)
- Nearly a dozen firms are paying up to $100,000 per month for early access Truth Social posts (fortune.com)
- Trump sued over $100,000-a-month early-access offer to Truth Social posts (theguardian.com)
- Trump Media has struggled to grow. Now it's selling $100,000 contracts for access to Truth Social. (cbsnews.com)
- Trump Media Posts $238 Million Quarterly Loss, Company Now Selling Early Access to President Trump's Truth Social Posts (mediaplaynews.com)