Trump Media's Nearly 50% Rally Adds $600 Million To President's Net Worth

Shares of President Donald Trump’s company, which owns social platform Truth Social, were up 5.5% to $10.39 shortly before market close. The boost is part of a roughly 48% rally the stock has made since recording an all-time low in June, when shares briefly fell below $7. The rally comes on the heels of the announcement of Truth API, a real-time data feed providing posts from high-ranking Truth Social accounts to financial and trading firms. The service, which would offer early access to Trump’s posts, is reportedly being floated at a price as high as $100,000 a month. Trump’s posts often move markets, particularly as he turns to social media to break news about the Iran war and tariffs. Trump Media has largely relied on advertising revenue to bring in money, though Truth API could bolster the company’s highly limited revenue streams depending on how successful it is. Truth API launches on Aug. 1. We estimate Trump’s net worth at $6.5 billion. That marks a $600 million increase from when Trump Media recorded its all-time low price last month. That is how much Trump Media shares have fallen since the start of the year, when the stock traded around $13.77. Trump Media debuted on the Nasdaq at $70.90 per share in 2024, as hype around the president’s company amid an election cycle created a volatile stock. Trump Media lost $712 million in the full year 2025, with unrealized losses and digital asset investments taking some $368 million out of the company’s pocket. Advertising sales generated just $3.7 million in annual revenue for the company last year.