Trump Media and Technology Group has begun selling early access to President Donald Trump’s social media posts to Wall Street firms, with prices ranging from $60,000 to $100,000 per month. The company, which owns the Truth Social platform, announced the move during its first-ever earnings call with analysts.

Early Access to Trump Posts

The early access is provided through an application programming interface (API) that delivers Trump’s posts to subscribers before they are available to the general public. This can give high-frequency trading firms a significant advantage, as they can react to market-moving announcements from Trump before other traders.

Trump often uses his social media platform to announce policy decisions, sometimes before his own administration is aware of them. This can have a significant impact on financial markets, with announcements on topics such as tariff policy, national security, and executive orders potentially causing sharp movements in asset prices.

Revenue Potential

Trump Media believes that the sale of early access to Trump’s posts has significant revenue potential, with interim CEO Kevin McGurn stating that the company is in active conversations to grant API access to news organizations and AI companies. The company reported a modest amount of revenue from these agreements during its earnings call, but expects this to grow into a meaningful contributor to its bottom line.

However, the move has also raised concerns among some lawmakers, with Democratic Sens. Elizabeth Warren and Adam Schiff urging federal regulators to investigate whether the arrangement violates federal securities law. The lawmakers described the plan as a ‘shocking abuse of the office of the President’ and expressed concerns that it could erode investor confidence in the fairness of financial markets.

Original reporting: KRDO (Colorado Springs metro) — read the source article.