Trump Media reports first sales for early access to president's posts
WASHINGTON — The parent company of U.S. President Donald Trump's Truth Social platform said Tuesday it has signed up clients willing to pay for early access to Trump's posts. It delivered the news while reporting a tenfold increase in second-quarter losses. Trump set up Truth Social in 2022 after being banned from Twitter — later renamed X — and now uses it as his go-to platform for major…
Washington — The parent company of Donald Trump's Truth Social platform announced on Tuesday that it has secured clients willing to pay for early access to the president's posts. This development came alongside a tenfold increase in second-quarter losses. In February 2022, Trump established Truth Social after being barred from Twitter, which was subsequently renamed X. The platform now serves as Trump's primary medium for significant announcements.
In a press release, interim CEO Kevin McGurn disclosed that more than ten customer agreements for the new Truth API service have been signed. He did not specify the names of these customers. According to the company, the Truth API has already begun generating revenue, continuing to attract additional clients despite criticism over factual inaccuracies. The launch of the Truth API, which enables high-speed access to Trump's posts, took place on August 1.
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