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Reported Earlier, 'Bloomberg, Trading Firms to Pay Trump For Faster Truth Social Access, Sources Say' - Reuters Exclusive
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  • Susquehanna and Jump Trading among customers of Truth API service, sources say
  • Subscribers pay between $60,000 and $100,000 a month for the service
  • Trump Media says there is ‘significant demand’ for the fast access to posts
  • Critics see legal and ethical issues with pay-for-access

Truth Social, the social media platform founded by President Donald 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, according to people with direct knowledge of the matter.

The firms are Susquehanna International Group and ‌Jump Trading, both high-frequency trading firms focused on algorithmic and automated strategies.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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