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US President: Over ten customers for early access to Trump's online posts

Those who pay up to $100,000 a month get early access to posts by Donald Trump on his platform Truth Social. The offer is controversial - but the financial sector is snapping it up.

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US President: Over ten customers for early access to Trump's online posts

President Donald Trump's online platform Truth Social has reportedly secured more than ten customers interested in gaining expedited access to the former president's online posts. Most of these clients are specialized firms in fast trading on stock exchanges and financial markets, paying between $60,000 and $100,000 per month for this privilege, according to Truth Social's CEO Kevin McGurn during a conference call.

The company is currently in talks with additional potential clients from the AI sector. Truth Social routinely uses President Trump's official account for significant announcements, such as tariffs or military conflicts. Early access to such posts could provide investors with a market advantage. However, this plan to market the fast access to Trump's posts and other influential users' content under the name Truth API sparked criticism in the United States.

The price of up to $100,000 monthly for this service contributed to the controversy. According to the "Wall Street Journal," the price drops to $60,000 for longer-term contracts. The question of whether this arrangement privatizes access to official government information is also in the air. How much faster the posts reach the computers of paying customers is not officially known.

Even a few thousandths of a second can make a difference in the world of automated trading. For TMTG (Trump Media & Technology Group), this could be a lucrative new revenue stream. While the company saw an 89% increase in revenue year-over-year in the last quarter, reaching only $1.7 million, it still incurred a loss of $238.1 million after accounting for investment losses in digital currencies, following a loss of $20 million the previous year.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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