Trump's Truth Social launches $100,000/month premium access to his posts
Translated from German, summarized and contextualized by DistantNews.
At a glance
News
Sources not specified
New plan
- Donald Trump's platform, Truth Social, has launched a premium subscription service for his posts, costing up to $100,000 per month.
- The service, Truth API, offers paying customers real-time access to Trump's market-moving posts, potentially allowing investors to gain an informational edge.
- Critics accuse Trump of profiting from the presidency, while supporters defend it as free-market capitalism.
Donald Trump's Truth Social platform is now offering a high-priced subscription service for access to his posts, with costs reaching up to $100,000 per month. The "Truth API" service targets stock traders and investors, promising them "direct, licensed, real-time access to market-moving Truths." This allows paying customers to receive information before others, potentially enabling them to make profitable investments based on Trump's pronouncements.
direct, licensed, real-time access to market-moving Truths
Supporters frame the move as an example of free-market capitalism. However, critics, including Democratic Senator Elizabeth Warren, have denounced it as an "outrageous plan to profit from the presidency." These critics allege that Trump and his family aim to enrich themselves through political decisions made during his time in office. This accusation is amplified by his recent financial disclosures, which reported over $1.4 billion in family cryptocurrency earnings linked to policies he had announced.
an outrageous plan to profit from the presidency
DistantNews Editorial
Originally published by Der Spiegel in German. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.
More Stories
From Our Blog
What Gets Lost (and Found) When News Is Translated
How the Same Story Looks Different in Different Countries
The Critical Role of Diaspora Media in Global News
What Travellers Should Know About Countries with Restricted Press
A Digital Nomad's Guide to Following Local News
