Trump media firm plans to sell high speed access to Truth Social posts, possibly Trump's own
Context:
Trump Media & Technology is planning a paid, high-speed access service for Truth Social posts, potentially including the president’s own content, allowing institutions to act on news in milliseconds. The move could enable rapid trading around statements that affect markets and policy, raising concerns about conflicts of interest and the improper use of government power for personal gain. The service, dubbed Truth PSI, would resemble paid access models on other platforms, with the president potentially benefiting as the platform’s most prominent poster. The announcement comes as Trump Media’s stock has fallen sharply, and the company hopes to launch next month, signaling a test of monetizing governance-related information in real time.
Dive Deeper:
Truth PSI would provide Wall Street traders and other institutions with expedited access to Truth Social posts, enabling near-instant propagation of information about policy or market-moving topics.
The offering could include access to posts from the president himself, who remains the platform’s top influencer and is a major shareholder in the parent company, raising questions about potential conflicts of interest and improper use of government power for financial gain.
A quoted expert characterized the plan as brazen, describing it as exploitation of official influence for private enrichment, while the company declined to comment on whether the president would be excluded from the service.
The press release suggests traders would see the most prominent Truth Social accounts ahead of others, though the pricing and exact lineup of accounts remain undisclosed.
The timing aligns with ongoing market attention to posts on Iran, tariffs, and immigration enforcement, events that investors fear could influence oil prices, inflation, and Federal Reserve decisions.
Trump Media & Technology’s stock has fallen about 70% since the president took office, and the company indicates it has already secured some customers for the service, aiming to launch next month.