Wall Street firms can now be alerted of the “most market-moving” social media posts from President Donald Trump before the general public — as long as they pay the right price.
The service went live Saturday: a subscription to his social media platform, Truth Social, that allows financial firms and other organizations to get alerts for new posts made by Trump and other top accounts before general users do.
Trump Media and Technology Group, which owns the platform, launched the new high-speed data feed called “Truth API,” describing it as giving firms “a direct, licensed, real-time feed of the platform’s most market-moving Truths.”
Trump, who has the largest following on the platform by far with 13 million followers, has used Truth Social as his go-to platform to release official statements throughout his second term, including to announce that he was imposing sweeping new tariffs or to declare major military operations.
Trump’s unprecedented use of social media to reveal updates on global affairs and economic policy has contrasted sharply with prior presidents, who generally made such announcements through more formal avenues, such as through the White House Press Office and the official White House website.
Many trading firms already plug into Trump’s posts through Bloomberg, Reuters or other services that scrape his posts and relay them in real time to their customers. But using this data feed on Truth Social could enable firms to access his posts seconds or even milliseconds faster than the general public.
For a high-frequency trading firm, even milliseconds could make a huge difference.
The president also stands to profit from the new service. Trump is a major stakeholder in TMTG, owning 114.75 million shares to represent 41% of the company, according to his 2025 financial disclosure.
Sens. Elizabeth Warren, D-Mass., and Adam Schiff, D-Calif., have urged the U.S. Securities and Exchange Commission to investigate whether Trump Media is violating the law by selling faster access to the president’s posts.
The senators wrote that the subscription “appears to be an outrageous abuse of the President’s office for his personal benefit that undermines everyday investors and the integrity of our markets, while enriching Wall Street and other wealthy insiders.”
In its announcement of the new service last month, TMTG emphasized Truth Social’s impact on the market.
“Markets already move on Truth Social posts,” Kevin McGurn, interim chief executive officer of TMTG, said in a press release. “Truth API delivers a direct, licensed, real-time feed of the platform’s most market-moving Truths while advancing our strategy to monetize proprietary assets through a high-margin, recurring revenue stream.”
Trump launched Truth Social in early 2022 after he had been banned from X, formerly known as Twitter, and other social media platforms in 2021 following the attacks on the Capitol on Jan. 6.
Elon Musk reinstated Trump’s access to X in November 2022 shortly after he took over the platform as CEO. Trump also regained access to Facebook and Instagram in January 2023.
