Truth Social to Sell President Trump's Posts via Paid API for $100,000 per Month
The API turns the president's market-moving statements into a direct revenue stream for his company, raising questions about using public office for private profit.
Reporting from 1 source: ASCII.jp.
Truth Social, the social media platform founded by President Trump, will offer a paid API starting August 1 that delivers the president's posts preferentially to financial institutions and trading companies. The service costs $100,000 per month, or about 16.2 million yen, and is designed to give automated traders an edge by eliminating the time lag between a post and human reaction.
President Trump's Truth Social will begin selling a paid API on August 1 that sends his posts to financial institutions and trading companies as soon as they are published. The service, called Truth API, costs $100,000 per month-roughly 16.2 million yen-and is aimed at firms that use ultra-fast automated trading. Trump has a history of announcing major decisions like military strikes or tariff changes on social media, moves that can instantly move stock, bond, and commodity prices. The API eliminates the seconds or minutes it would take a human to read and react to a post, a gap that can be the difference between profit and loss in automated markets.
Synthesized by Yomimono from the 1 cited source below, including Japanese-language reporting where cited, then editorially reviewed before publishing.