Trump Media scales back expansion, focuses on paid Truth API for breaking news
DJT Trump Media & Technology Group Corp
$9.36 -8.28%
View chart & analysis → - 1Trump Media has largely wound down its expansion efforts and refocused on its original media business, selling paid high-speed access to presidential posts.
- 2New CEO McGunn said high-frequency trading firms and others have already subscribed, paying $60,000–$100,000 per month each, with 10 sign-ups within the first week of launch.
- 3Annual revenue is projected at $7 million–$12 million, equivalent to 2–3 times last year's total sales, while Democrats and watchdog groups are raising ethical concerns.
This 3-line summary is compiled from the report below.
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