Trump Media launches Truth API subscription for $100k/month

President Donald Trump's media company launched a new subscription service on Saturday, August 1, 2026, offering paying clients high-speed, real-time access to posts on his Truth Social platform, a move that has drawn sharp criticism from lawmakers and ethics experts over potential market manipulation and conflicts of interest. The service, called Truth API, is being sold to businesses, including Wall Street trading firms, for fees of up to $100,000 per month.

Trump Media & Technology Group, the publicly traded parent company of Truth Social, announced the launch. Interim CEO Kevin McGurn stated the service provides a direct, licensed, real-time feed of the platform's most market-moving posts. The company argues the offering is similar to data feeds sold by other social media and news companies. In a statement, a company spokesperson criticized Democratic critics, accusing them of mischaracterizing the service due to ideological opposition or a failure to understand the distinction between public and non-public information.

Critics, however, contend the service creates an unfair advantage and raises serious ethical questions because Trump is both the platform's most influential...