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Trump Media Reports 10+ Truth Social API Sign-Ups

Wall Street Journal Markets •
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President Trump’s media company said more than 10 customers have signed up to a real-time feed of top Truth Social accounts, a product that has drawn criticism that the first family is mixing business interests and White House affairs.

Trump Media & Technology Group has marketed Truth API as faster access to posts from top accounts on Truth Social, where the president routinely shares updates about trade deals, the Iran war and more. Interim Chief Executive Kevin Mc Gurn said the early sign-ups comprised primarily high-frequency trading firms paying between $60,000 and $100,000 a month.

Mc Gurn said the company is in “active” conversations with other potential customers, such as artificial-intelligence hyperscalers, and is eyeing an eventual push toward retail traders. “Today, we’re in the early innings,” he said.

The earnings call marked Trump Media’s first as a publicly traded company, following its merger with a special-purpose acquisition company earlier this year.