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. 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.
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. @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. 🚀 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. 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, according to Gerstner.