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Trump Begins Selling $100,000 Monthly Subscription Service to Wall Street

BeauHD
16 hours ago
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Trump Begins Selling $100,000 Monthly Subscription Service to Wall Street

Trump Media has officially launched its $100,000-per-month data feed giving trading firms machine-readable access to Truth Social posts milliseconds before the public. According to Fortune, five Wall Street firms have already signed up for the service, which "would generate about $500,000 in monthly revenue, or $6 million annually." Critics argue the service could let President Trump, who owns about 41% of the company, profit from early access to market-moving presidential communications. "I'll be blunt," Gian Luca Clementi, an economics professor at NYU Stern School of Business, told Fortune. "This is insider trading by definition." "He's going to monetize the role of the office of the president of the United States," he said. "The...

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