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Fortune
Fortune
Sasha Rogelberg

Nearly a dozen firms are already paying up to $100,000 per month for early access to Trump’s Truth Social posts

Donald Trump speaks into a microphone. (Credit: Jim Lo Scalzo/EPA/Bloomberg—Getty Images)

More Wall Street customers are signing up for a Trump Media & Technology Group service that allows earlier access to new Truth Social posts, a feature some economists are calling a form of insider trading.

Trump Media, founded by President Donald Trump in 2021, announced more than 10 customers have signed up for Truth API, or Application Programming Interface, a service that began earlier this month that gives Wall Street traders access to Truth Social posts from top users, including Trump, milliseconds before being published for the platform’s broader audience. Customers are charged between $60,000 and $100,000 per month for the service.

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