Trump Media's Controversial Plan for Paid Access to Trump's Posts

WHO:

Fast Company - Trump Media & Technology Group (TMTG) announced a new product called Truth API.

Fast Company - Kevin McGurn is the interim CEO of TMTG.

Variety - The U.S. president is Donald Trump, who uses Truth Social for digital communications.

Fast Company - Massachusetts Senator Elizabeth Warren criticized the plan.

Fast Company - North Carolina Senator Thom Tillis expressed concerns about the plan.

Fast Company - Senate Majority Leader John Thune commented on the plan.

Fast Company - New York Democratic Representative Ritchie Torres urged the SEC to evaluate Truth API's legality.

WHAT:

Fast Company - TMTG will offer a real-time feed of posts from the highest-ranking accounts on Truth Social.

Fast Company - The service is marketed to financial services companies, particularly high-frequency and algorithmic trading firms.

Fast Company - Truth API is set to launch on August 1.

Fast Company - TMTG has discussed charging $100,000 per month for Truth API, with a discounted rate of $60,000 per month for clients signing a three-year contract.

Fast Company - TMTG's stock price has dropped roughly 75% since Trump took office in 2025.

Fast Company - Trump acquired more than $1 million in Dell stock, which has more than tripled in value.

WHERE:

Fast Company - Truth Social is a right-wing social media platform.

WHEN:

Fast Company - Truth API is set to launch on August 1.

WHY:

Fast Company - TMTG aims to create a meaningful source of revenue and lasting value for shareholders.

Fast Company - The pricing structure reflects the anticipated decrease in value of access to Trump's posts after his presidency.

HOW:

Fast Company - Truth API promises seamless delivery of Truth Social data within milliseconds and continuous 24/7 coverage.

(UPDATED July 23, 2026 18:23 UTC)

Trump Media & Technology Group has announced a new product called Truth API, which is set to launch on August 1 and will provide a real-time feed of posts from top accounts on Truth Social, a right-wing social media platform. The service is primarily targeted at financial services companies, particularly those involved in high-frequency and algorithmic trading, and TMTG is considering a pricing structure of $100,000 per month, with a discounted rate for long-term contracts. Meanwhile, TMTG's interim CEO Kevin McGurn faces scrutiny from lawmakers, including Massachusetts Senator Elizabeth Warren and North Carolina Senator Thom Tillis, who have expressed concerns about the plan, while New York Representative Ritchie Torres has urged the SEC to evaluate the legality of Truth API.