Trump Is Selling Early Access to Social Media Posts. The Gambit Is Starting to Pay Off.

Trump Media & Technology Group reported a 200 per cent rise in third-quarter revenue, driven mainly by a service that sells faster access to Donald Trump’s Truth Social posts to high-frequency traders. The increase is notable, but the company remains a small and loss-making business, far short of the scale it once forecast.

Revenue was $3 million, including $1.8 million from the trading service, while the company lost $26.5 million. Truth Social has an estimated six million users, compared with an earlier projection of more than 81 million by 2026; the company also holds over 15,000 bitcoin, valued at $1.1 billion. A proposed merger with a nuclear fusion company is due for a shareholder vote next month and could shift the business towards nuclear power.