Trump monetizing his social media account is ‘odious’ and ‘brazen corruption’ — or an attempt to revive a 70% stock price crash since election
America’s first billionaire president may soon be profiting from a new line of business tied to his office: charging access for a first peek at certain posts on his Truth Social platform. Donald Trump’s struggling media company plans to sell Wall Street traders the chance to see posts from “highest-ranking” accounts — including possibly his own — milliseconds before others.
Reported by 1 outlet — Fortune. See all sources ↓
America’s first billionaire president may soon be profiting from a new line of business tied to his office: charging access for a first peek at certain posts on his Truth Social platform. Donald Trump’s struggling media company plans to sell Wall Street traders the chance to see posts from “highest-ranking” accounts — including possibly his own — milliseconds before others. That could mean big money for them, and Trump. Trump’s posts are often important enough to rattle financial markets, sending prices soaring and plunging within seconds.
Read the full report at Fortune ↗
Why it matters
A world story we're tracking; its significance and source trust firm up as more outlets confirm it.
- What's the story?
- America’s first billionaire president may soon be profiting from a new line of business tied to his office: charging access for a first peek at certain posts on his Truth Social platform. Donald Trump’s struggling media company plans to sell Wall Street traders the chance to see posts from “highest-ranking” accounts — including possibly his own — milliseconds before others.
- How widely is it covered?
- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- just now ago.
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Trump monetizing his social media account is ‘odious’ and ‘brazen corruption’ — or an attempt to revive a 70% stock price crash since election
Sources1TypeCoverageFortune