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‘This is insider trading by definition’: Trump sells $100,000 monthly subscription service to Wall Street to further monetize the presidency

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‘This is insider trading by definition’: Trump sells $100,000 monthly subscription service to Wall Street to further monetize the presidency

Donald Trump has created a way for Wall Street to pay to win. Trump Media & Technology Group’s premium data product released its new subscription service for earlier access to Truth Social posts for $100,000 a month. According to reports, five Wall Street firms have already signed up for the service, gaining access to Truth Social posts milliseconds before the general public.

“I’ll be blunt,” Gian Luca Clementi, an economics professor at NYU Stern School of Business, told Fortune. “This is insider trading by definition.”

Because Trump owns roughly 41% of the company’s shares, he stands to directly profit from the new recurring revenue stream. At five subscribers alone, the service would generate about $500,000 in monthly revenue, or $6 million annually.

That figure is modest by the standards Trump has set since returning to the White House. His 2025 financial disclosure showed his businesses generated more than $2 billion in personal income last year—nearly quadruple his 2024 total—with the bulk flowing from ventures that sit directly at the intersection of his office and his balance sheet.

Read more [paywall removed for Redditors]: https://fortune.com/2026/08/04/insider-trading-trump-truth-social-early-access/?utm_source=reddit/

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