Donald Trump’s Trump Media & Technology Group has introduced a $100,000 monthly subscription service granting Wall Street firms early access to Truth Social posts. Five firms have already subscribed, generating an estimated $500,000 in monthly revenue, or $6 million annually, according to fortune.com. Trump owns about 41% of the company’s shares, positioning him to profit directly from this new revenue stream.
The subscription service provides paying clients with access to Truth Social posts milliseconds before the general public. Gian Luca Clementi, an economics professor at NYU Stern School of Business, described the offering as “insider trading by definition.” Trump’s 2025 financial disclosures revealed his businesses earned over $2 billion last year, with significant income from ventures linked to his presidency, including cryptocurrency royalties and ventures run by his sons, per fortune.com.
This move adds to Trump’s pattern of monetizing his presidential influence through business ventures that intersect with his office. His earnings include $635 million in royalties from the $TRUMP meme coin and over $500 million from World Liberty Financial, a crypto venture. The subscription service’s early access model aligns with Trump’s history of creating revenue streams from exclusive information access, raising questions about regulatory and ethical implications.
The subscription service’s launch marks a new recurring revenue channel for Trump Media & Technology Group, with five Wall Street firms already signed up. Trump’s 2025 financial disclosure highlighted that his businesses generated more than $2 billion in personal income last year, underscoring the scale of his commercial activities linked to his presidency, according to fortune.com.