Trump Media launches Truth API as Truth Social targets Wall Street with Trump post feed

Trump Media & Technology Group launched Truth API on Aug. 1, turning Truth Social posts into a paid market-data product for Wall Street firms. The service, priced at $100,000 a month in earlier company materials, offers real-time, licensed, machine-readable access to market-moving posts on the platform, including those from President Donald Trump, whose commentary on tariffs, geopolitics, companies and policy has at times moved stocks, bonds, currencies and commodities. The launch formalizes a business line that had already drawn scrutiny from market-structure experts, ethics watchdogs and Democratic critics. Trump Media has argued that posts are released to paying customers and the public at the same time, while critics say automated trading firms could still react faster than ordinary investors if they receive the data through a low-latency feed. The service is also important for Trump Media’s finances. The company reported $3.7 million in annual revenue last year and a $712 million full-year 2025 loss, including $368 million tied to unrealized losses and digital asset investments. Earlier reporting noted that only three subscribers at the advertised fee would be enough to double last year’s revenue. Trump Media shares had risen ahead of the rollout, though the stock remained sharply below its 2024 Nasdaq debut price of $70.90 and well under earlier levels cited in prior reports.