Trump Media and Technology Group reported a dramatic 205% revenue surge in the third quarter, primarily driven by the launch of its "Truth API" service, which provides high-speed access to Truth Social posts [1]. The API allows news organizations, Wall Street trading firms, and other services to purchase direct feeds of posts for between $60,000 and $100,000 per month [1]. The company announced the service in July 2026, positioning it as valuable for "high frequency and algorithmic trading firms that require a low-latency, machine-readable feed," according to interim CEO Kevin McGurn, who noted that "markets already move on Truth Social posts" [1].
The service went live in August, and by last month, Reuters reported that Bloomberg and two unnamed Wall Street trading firms had signed up as customers [1]. Trump Media's stock (DJT) closed at $4.06 on Monday, valuing the company at $1.13 billion, though it remains down 69% year-to-date [1]. President Trump's revocable trust is the largest shareholder with more than 41% ownership, with Donald Trump Jr. serving as sole trustee with voting and investment power [1].
The revenue model has drawn significant political criticism. Democratic Senators Elizabeth Warren and Adam Schiff characterized the Truth Social feed as "an outrageous abuse of the President's office for his personal benefit" and requested that the Securities and Exchange Commission investigate whether the arrangement violates federal securities laws [1]. When asked by CBS' "60 Minutes" on Sunday whether he was using the presidency to enrich himself, Trump responded that he devotes "almost no time" to his net worth and stated his son "watches" his holdings [1].
CONCLUSION
Trump Media's 205% revenue surge demonstrates significant commercial traction for its Truth API service, though the stock remains substantially underwater year-to-date. The venture has attracted regulatory scrutiny and political opposition over potential conflicts of interest, creating ongoing uncertainty around the business model's sustainability and legal standing.