Wall Street finds new edge behind Trump's presidential paywall
Data: Financial Modeling Prep, Binance; Chart: Erin Davis/Axios VisualsFor years, Truth Social was President Trump's money-losing megaphone.Now his company is charging Wall Street up to $1.2 million a year for a split-second edge on posts that can — and frequently do — jolt global markets.Why it matters: Trump has transformed his second term into the most lucrative venture of his entire career, raking in more than $2.2 billion in 2025 from his family crypto empire, legal settlements and various licensing deals.Truth API is the logical endpoint of that profiteering: the presidency's unrivaled power to move markets, packaged and sold as a subscription.Catch up quick: The new real-time feed from Trump Media & Technology Group (TMTG) went live Aug. 1, delivering Truth Social posts directly to institutional clients in milliseconds.A source familiar with the matter tells Axios that access to the platform's 10 top-trending accounts costs between $60,000 and $100,000 per month.
Reported by 1 outlet — Axios. See all sources ↓
Data: Financial Modeling Prep, Binance; Chart: Erin Davis/Axios VisualsFor years, Truth Social was President Trump's money-losing megaphone.Now his company is charging Wall Street up to $1.2 million a year for a split-second edge on posts that can — and frequently do — jolt global markets.Why it matters: Trump has transformed his second term into the most lucrative venture of his entire career, raking in more than $2.2 billion in 2025 from his family crypto empire, legal settlements and various licensing deals.Truth API is the logical endpoint of that profiteering: the presidency's unrivaled power to move markets, packaged and sold as a subscription.Catch up quick: The new real-time feed from Trump Media & Technology Group (TMTG) went live Aug. 1, delivering Truth Social posts directly to institutional clients in milliseconds.A source familiar with the matter tells Axios that access to the platform's 10 top-trending accounts costs between $60,000 and $100,000 per month. Customers seeking a broader range of accounts could pay more.At least five clients have signed up, according to The Wall Street Journal. Trump Media says its customers include financial news organizations and high-frequency trading firms.Follow the money: Trump Media is publicly traded, with Trump as its dominant shareholder.
Read the full report at Axios ↗
Why it matters
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- What's the story?
- Data: Financial Modeling Prep, Binance; Chart: Erin Davis/Axios VisualsFor years, Truth Social was President Trump's money-losing megaphone.Now his company is charging Wall Street up to $1.2 million a year for a split-second edge on posts that can — and frequently do — jolt global markets.Why it matters: Trump has transformed his second term into the most lucrative venture of his entire career, raking in more than $2.2 billion in 2025 from his family crypto empire, legal settlements and various licensing deals.Truth API is the logical endpoint of that profiteering: the presidency's unrivaled power to move markets, packaged and sold as a subscription.Catch up quick: The new real-time feed from Trump Media & Technology Group (TMTG) went live Aug. 1, delivering Truth Social posts directly to institutional clients in milliseconds.A source familiar with the matter tells Axios that access to the platform's 10 top-trending accounts costs between $60,000 and $100,000 per month.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 4m ago.
How outlets are framing the same story
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- Coverage card1 outlet1CoverageScouting report
Wall Street finds new edge behind Trump's presidential paywall
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