Dell Technologies Inc. ($DELL) Stock
“Michael and Susan Dell, they are truly incredible,” Trump said Monday of the Dells, who were in the Oval for the event marking the launch of the administration’s tax-advantaged investment vehicles for U.S. kids.
Trump, who has disclosed actively trading Dell shares, said he wants the couple to make back the money they’re giving to the accounts.
“We’re going to get him that money back one way or the other — and then I’ll ask for another $6 billion … We’ll start the whole process all over again,” Trump said.
Trump’s annual financial disclosure for 2025 that was released last week shows 24 Dell Technologies trades, including 16 purchases and eight sales across five accounts.
The transactions, dated Jan. 29 through Nov. 18, totaled between roughly $300,000 and $1 million, according to CNBC’s analysis of the disclosure ranges.
Purchases accounted for most of the activity, valued at up to $770,000, compared with up to $225,000 in sales.
The Monday event was attended by an array of other CEOs and officials in support of the new accounts, including: Brad Gerstner, Altimeter Capital and CEO and founder of the Invest America charitable foundation; Intercontinental Exchange CEO Jeffrey Sprecher; Sen. Ted Cruz, R-Texas; Treasury Secretary Scott Bessent; U.S. Securities and Exchange Commission Chair Paul Atkins; NYSE President Lynn Martin; and Nasdaq’s CEO, Adena Friedman, and its president, Nelson Griggs.
“This makes real the promise of the American dream, not for some but for everybody,” Gerstner, a major proponent of the accounts, told CNBC’s “Squawk Box” before the event.
The Trump Accounts, which are available for all children age 18 or younger, include a one-time $1,000 pilot program contribution from the U.S. Treasury Department for babies born from 2025 through 2028.
Following the Dells’ donation, which would seed the accounts with $250 each for children ages 10 or under who were born before Jan. 1, 2025, other companies and executives have pledged their own contributions.
SpaceX President Gwynne Shotwell said in an X post earlier Monday morning that she would gift a share of her company’s stock to a Trump Account “for each of more than two million children across our great nation.”
Numerous other companies, including Goldman Sachs, Morgan Stanley, Bank of New York Mellon, BlackRock, Charles Schwab, Charter Communications, Chime Financial, Chipotle Mexican Grill, Comcast, Intel, JPMorgan Chase, Micron Technology, Robinhood and SoFi, have already said they will match the government’s $1,000 contribution for their employees’ children.
Robinhood CEO Vlad Tenev, arriving at the White House before the opening bell, called the accounts potentially “life changing.”
— Luke Fountain and Jessica Dickler contributed to this report.
This is developing news. Please check back for updates.
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