Trump Media & Technology Group (TMTG), the company behind Truth Social and owned by US President Donald Trump’s media business, has reportedly discussed introducing a premium subscription service that would give Wall Street firms faster access to posts shared on the platform. According to Reuters, the company has considered charging as much as $100,000 per month for the service.

The proposal highlights the growing financial value of Trump’s social media posts, which have repeatedly influenced stock markets and investor sentiment.

Premium Subscription Plans Under Discussion

People familiar with the matter said TMTG has discussed offering investment firms, hedge funds and traders access to a high-speed feed of Truth Social posts for a monthly fee of up to $100,000.

The sources also revealed that companies willing to sign a three-year agreement could receive a discounted rate of $60,000 per month. These discussions remain private, and the company has not officially confirmed the pricing.

Truth API Introduced for Financial Institutions

On Thursday, TMTG officially launched Truth API, a licensed and paid data service designed to provide banks, investment firms and trading companies with the fastest possible access to posts from the platform’s 10 most influential accounts.

Although the company announced the new service, it did not reveal how much customers would be charged. The launch represents TMTG’s first step into the data licensing business, opening a new opportunity to generate revenue beyond its social media platform.

Democrats Raise Concerns Over the Service

The new offering quickly attracted criticism from Democratic lawmakers. US Senator Ron Wyden of Oregon, the senior Democrat on the Senate Finance Committee, argued that the service could create financial advantages for both the Trump family and major Wall Street firms. He said the service would financially benefit the Trump family and “make Wall Street traders rich.”

The White House declined to comment directly on Wyden’s criticism and referred questions to TMTG. The company did not immediately respond to requests for comment.

Trump’s Posts Have Influenced Financial Markets

Trump’s posts on Truth Social have frequently affected financial markets, making rapid access to his messages highly valuable for investors and trading firms.

One notable example occurred on April 9, 2025, when Trump announced through Truth Social that he would suspend many newly announced tariffs for 90 days. Following that post, major Wall Street stock indexes recorded strong gains as investors reacted positively to the announcement.

Because such posts can quickly change market sentiment, financial firms are increasingly interested in receiving them as soon as they are published.

Milliseconds Can Mean Major Profits

According to the sources, the Truth API could be especially useful for high-frequency trading firms, where even a tiny speed advantage can provide a significant competitive edge.

In high-frequency trading, receiving market-moving information just a few milliseconds before competitors can result in hundreds of thousands of dollars in profits on large transactions. This makes instant access to Trump’s statements particularly attractive for firms that rely on automated trading systems.

Financial Times Reported Pricing Discussions

The Financial Times was the first publication to report that TMTG had discussed charging up to $100,000 per month for premium access to the Truth Social data feed. While the company has confirmed the launch of Truth API, it has not publicly confirmed the subscription prices mentioned in the reports.

Most Influential Truth Social Accounts

The premium service focuses on posts from the platform’s 10 most influential accounts. These include President Donald Trump’s account, along with accounts belonging to people closely associated with him, such as his sons Donald Trump Jr. and Eric Trump. Other widely followed accounts include prominent Trump supporters Dan Bongino and Sean Hannity.

Their posts are closely monitored by investors because they can influence public opinion and financial markets within minutes.