Michael Dell has hailed the Trump Accounts program as a growing national movement. Dell CEO took to social media platform X (formerly known as Twitter) to share the details of fresh contributions from Silicon Valley and beyond. In a reaction pots, Dell wrote, “This is how a moment becomes a movement.” For those unaware, this initiative is designed to give every American child under 18 a stake in the stock market. It has already opened 9 million accounts and is on track to auto-create accounts for all 70 million children using Social Security data.
Contributions made by SpaceX COO, Ray Dalio and others
Dell’s post highlighted a growing list of high-profile donors stepping up to fund Trump Accounts, the tax-deferred investment savings program for American children under 18. Among the names: Altimeter Capital’s Brad Gerstner, who is contributing $250 each to Trump Accounts for more than 140,000 children in Indiana, and hedge fund manager Ray Dalio and his wife Barbara, who are extending similar $250 contributions to children across Connecticut.The biggest single commitment by dollar value came from SpaceX President and COO Gwynne Shotwell, who — along with her husband, Robert — is donating one share of SpaceX stock to each of more than 2 million children, a gift Dell’s post pegs at roughly $325 million. The donation is specifically targeted at children between the ages of 11 and 17 in lower-income communities, continuing a pattern Shotwell set earlier this year when she first announced the gift shortly after SpaceX’s record-breaking public listing.Dell used the post to personally thank Gerstner for organizing the broader donor push through Invest America, crediting him for turning the concept into reality, and thanked every donor who has stepped up to participate.
Read Michael Dell’s complete post here
This is how a moment becomes a movement. 🚀🇺🇸In Indiana, @altcap’s Brad Gerstner is contributing $250 to Trump Accounts for more than 140,000 young Hoosiers. 🙏@Gwynne_Shotwell and her husband Robert are giving one share of their@SpaceX stock to each of more than 2 million kids, an announced gift valued at roughly $325 million, focused on children ages 11–17 in lower-income communities. 🚀@RayDalio and Barbara Dalio are supporting children across Connecticut with additional $250 contributions. 👏And many more are stepping up.Thank you Brad for organizing @InvestAmerica24and relentlessly turning an idea into reality, and thank you to every donor joining in.Millions of kids starting life as owners. Learning investing. Seeing compounding firsthand. Participating in America’s future.If you have children under 18, claim their accounts now and watch as additional contributions are made.Every child an investor. Every child an owner. Every child with a stake in America’s future. 🇺🇸🚀
Trump Accounts launched on July 4
Trump Accounts launched on July 4, offering a one-time $1,000 contribution from the US Treasury for every child born between 2025 and 2028, with the accounts open more broadly to all American children under 18. According to Gerstner, who has been central to building out the program’s donor infrastructure, roughly 9 million accounts are currently open, with plans in motion to automatically create accounts for all 70 million children under 18 nationwide using Social Security data within the coming month.Michael and Susan Dell have themselves been among the largest backers of the initiative, having pledged a combined $6.25 billion earlier this year to fund $250 contributions for children in lower- and middle-income ZIP codes. Beyond individual philanthropy, Gerstner noted that employers are increasingly layering their own contributions on top of the government’s, treating it as an extension of existing 401(k)-style benefits.