Truth Social signs Bloomberg and Wall Street trading firms for faster post access
Donald Trump's Truth Social has agreed to provide Bloomberg, Susquehanna, and Jump Trading with expedited access to the president's posts through a paid service costing up to $100,000 monthly.
Truth Social has signed agreements with financial data company Bloomberg and Wall Street trading firms Susquehanna and Jump Trading to provide faster delivery of President Donald Trump's posts, according to a report by Reuters. The platform sells the high-speed feed for up to $100,000 per month.[1][2][3][4]
The paid API service reportedly grants customers a timing edge of roughly 50 milliseconds over standard platform users, with fees ranging between $60,000 and $100,000 a month. That window enables algorithmic trading systems to react to statements that can rapidly sway asset prices across stocks and commodities like oil.[3][4][5]
The monetization of presidential communications has drawn scrutiny from critics who argue it raises legal and ethical questions. Trump's family trust holds a 41% stake in parent company Trump Media, with Trump designated as the sole beneficiary.[3]
Key facts
- Truth Social signed Bloomberg, Susquehanna, and Jump Trading to a service delivering faster access to President Trump's posts.
- Customers reportedly pay between $60,000 and $100,000 per month for the Truth Social API service.
- The paid service provides a timing edge of roughly 50 milliseconds over standard public delivery.
- Trump's family trust owns 41% of Trump Media, and Trump is its sole beneficiary.
- Critics cited in the report argue the paid access arrangement presents ethical and legal concerns.
Sources · 5 sources
- RE
Reuters@ReutersPost on X ·
Exclusive: Truth Social, the social media platform founded by President Trump, has signed up news and data provider Bloomberg and two Wall Street firms for faster access to the president’s posts, which it sells for up to $100,000 a month https://t.co/W50b4rpj9E
Open source - CO
Cointelegraph@CointelegraphPost on X ·
🇺🇸 JUST IN: Bloomberg, Jump Trading and Susquehanna reportedly signed up for Truth Social’s service offering faster access to Trump’s posts, per Reuters. https://t.co/KkbQwrpUm3
Open source - MN
Mario Nawfal@MarioNawfalPost on X ·
🇺🇸 TRUMP’S TRUTH POSTS ARE NOW A $100,000-A-MONTH WALL STREET PRODUCT Bloomberg and high-frequency trading firms Susquehanna and Jump Trading have signed up for faster access to Trump’s Truth Social posts through a paid API service. Customers reportedly pay $60,000 to $100,000 a month for a timing edge of roughly 50 milliseconds, enough for algorithms to react before ordinary users can even refresh the app. That matters because Trump’s posts can move markets, from oil to stocks, in seconds. Critics say the arrangement raises legal and ethical questions, especially since Trump’s family trust owns 41% of Trump Media and he is the sole beneficiary. Presidential tweets used to move markets for free. Now Wall Street can apparently pay for the fast lane. How comfortable should anyone be with traders buying milliseconds of advance access to a president’s market-moving words? Source: Reuters / Writers: Naz, Daniel
Open source - PO
Polymarket@PolymarketPost on X ·
BREAKING: Bloomberg, Susquehanna, & Jump Trading reportedly sign deals worth up to $100,000/mo with Trump's Truth Social to receive his posts milliseconds before the public.
Open source - WS
Wall St Engine@wallstenginePost on X ·
Trump Media $DJT has reportedly signed Bloomberg, Susquehanna and Jump Trading for faster access to President Trump’s Truth Social posts. Note: The service costs $70K - $100K or more per month, though pricing for these specific deals hasn’t been disclosed. https://t.co/XhY3uyvtoj
Open source