Truth Social sells faster access to Trump’s posts to Bloomberg and two trading firms
Truth Social has reportedly signed Bloomberg, Susquehanna International Group and Jump Trading to a paid feed of President Donald Trump's posts, priced at up to $100,000 a month.
Washington, United States. Truth Social, the platform founded by President Donald Trump, has reportedly sold its fastest feed of the president’s posts to news and data provider Bloomberg and two Wall Street firms, Susquehanna International Group and Jump Trading. The service costs up to $100,000 a month, according to sources familiar with the matter.
What the service offers
Susquehanna International Group and Jump Trading are both high-frequency firms that rely on algorithmic and automated trading. The product gives subscribers a head start on Trump’s Truth Social posts, which can move financial markets. That timing could give Wall Street traders an advantage that ordinary investors do not have.
The purchases of the Truth API service had not been reported before. An API is a programming interface that works as a digital link between two systems.
Trump Media and Technology Group DJT.O unveiled the fastest-access product in July and marketed it to trading firms and other financial institutions. The deals likely represent the first time a business linked to a sitting president has sold access to that president’s statements, an arrangement some critics have described as unethical.
Legal challenge
The paid-access model enters legal ground that has not been tested. In August, Intercept Media and the Freedom of the Press Foundation sued Trump. They want to stop the White House from publishing official government announcements solely on Truth Social while the paid feed is available.
The lawsuit is still under way. It argues that placing a financial barrier in front of government information may be unconstitutional and benefits wealthy Wall Street firms.
Responses
Bloomberg, Jump Trading and Susquehanna declined to comment. Trump Media said in a statement that Truth Social provides a standard industry API product with strong demand across sectors, and that it treats customer confidentiality seriously. It said the reporting rested on “misleading information being peddled by anonymous sources” intended to harm the company, its customers and its shareholders.
Ownership and financial position
The president’s family trust holds 41% of Trump Media, and Trump is the only beneficiary of that trust. Filings by Trump Media with the Securities and Exchange Commission name Trump, Jr., as the trustee, with exclusive authority over voting and investment decisions.
The company’s shares have dropped by more than 50% so far this year. Its market value has fluctuated since it listed: it ended its March 2024 debut at about $8 billion and is now worth about $1.8 billion. Since 2024, the company has lost about $1.76 billion, including non-cash charges.
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