Trump is selling high-speed access to his stock market

Trump Media, the company behind Truth Social, is selling Wall Street access to “the most entertaining content on the market” on the US President’s website. Thursday, Trump Media announced plans to open the “Truth API,” which is licensed for real-time business data that provides “quick access to popular Truth Social accounts.” It starts on August 1st.

Similar APIs are available on other social media sites, but they do not have conflicts of interest. Although Trump Media did not say how much the API project will cost, it is expected to benefit the Trump family, who are the majority shareholders in the publicly traded company.

In a statement, longtime Trump Media CEO Kevin McGurn said “markets have already started on Truth Social posts,” and that the company hopes the Truth API “will be a good and sustainable source of revenue.”

President Donald Trump is the biggest user of Truth Social, and regularly uses the platform to announce official messages before they are sent to other platforms. He currently has 12.9 million followers, with the accounts of his sons, FBI director Kash Patel, and the White House holding the top position with millions of followers.

“Truth API uses the industry’s best-known content delivery methods to deliver Truth Social content to our customers in seconds,” Trump Media said in an announcement. “It is expected to show continuously 24/7 and include a historical archive from 2022.”