Trump Media rolls out premium Truth Social feed, drawing institutional buyers amid falling user base and legal scrutiny
Trump Media & Technology Group has introduced a paid service that gives subscribing institutions early access to selected Truth Social posts for fees between $60,000 and $100,000 a month. The company said ten firms signed up in the first week, and at least five high‑frequency trading firms have been reported as customers. Critics have raised legal and ethical questions about the arrangement, noting that it could allow traders to act on presidential statements before the broader market sees them. At the same time, daily mobile users of Truth Social have dropped from more than 436,000 last year to roughly 261,000 this July, and the firm reported a net loss of $712.3 million in 2025.
How this was covered
- Left-leaning outlets covered this 7h later
Why it matters
The service could let wealthy investors act on presidential messages before ordinary investors, prompting concerns about market fairness and possible regulatory violations.
How the sides frame it
MODERATE AGREEMENTAll camps note the launch of a paid Truth API that gives early access to Trump’s posts, but left-leaning coverage frames it as outright corruption and a tax on investors, right-leaning coverage portrays it as an indefensible abuse highlighted by Democratic criticism, while centrist coverage presents the facts and legal-ethical questions more neutrally.
LEFT
Frames the service as corrupt self-dealing that taxes investors and exploits presidential power
CENTER
Reports the launch as a paid data feed raising legal and ethical questions, noting price and insider-trading concerns without overt judgment
RIGHT
Portrays the service as indefensible, unethical and a Democratic-driven scandal, emphasizing abuse and corruption
The left emphasises
- a "tax on your 401K"
- "blatant bit of self-dealing"
- "wildly corrupt"
The right emphasises
- "indefensible"
- "outrageous abuse"
- Democrats' ethics concerns
How this story developed
- Jul 29 Trump's Truth Social data feed sparks Democratic ethics concerns ahead of midterms
- Aug 5 Senators Warren and Schiff sent a letter to the SEC requesting a probe of the Truth API.
- Aug 8 Trump Media introduced the Truth API that delivers presidential posts to subscribers before public release.
- Aug 11 Trump Media announced it is abandoning most unrelated ventures to refocus on its core social‑media platform and the new premium feed.
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