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Billionaires Donate Stock as Trump Accounts Launch July 4

7/6/2026

35 6 Full Breakdown

Summary

Story summary

President Donald Trump expects Elon Musk to donate SpaceX stock to the Trump Accounts program.
SpaceX president Gwynne Shotwell announced she and her husband will give stock to each of over two million Trump Accounts.
Michael Dell pledged $6.25 billion and Micron $250 million to the Trump Accounts program.
The Trump Accounts program will launch on July 4 with Nasdaq and New York Stock Exchange executives ringing the opening bell in Oval Office.

History

Historical Context

In 2008 Barack Obama’s campaign built on the 2007 MyBO site and used platforms like Facebook to organize volunteers. The effort raised more than $650 million, including $133.5 million in the first quarter, setting a new fundraising record and proving private-online donations could outpace public funding. That model now underpins the Trump Accounts program’s stock-based pledges.

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Story summary

President Donald Trump expects Elon Musk to donate SpaceX stock to the Trump Accounts program.
SpaceX president Gwynne Shotwell announced she and her husband will give stock to each of over two million Trump Accounts.
Michael Dell pledged $6.25 billion and Micron $250 million to the Trump Accounts program.
The Trump Accounts program will launch on July 4 with Nasdaq and New York Stock Exchange executives ringing the opening bell in Oval Office.

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