President Donald Trump launched the federal "Trump Accounts" program on Monday, providing a $1,000 initial deposit into accounts for over 500,000 newborns. The accounts, designated for children born between 2025 and 2028, are designed to track the performance of the U.S. stock market through a low-cost index fund.
During the launch, Trump hinted that Bitcoin might eventually be included in the program, stating that "something could happen" with the cryptocurrency in future accounts. The remark immediately sparked speculation about the potential integration of digital assets into government-backed savings plans.
Several major corporations and wealthy individuals have already pledged support to the Trump Accounts. Gwynne Shotwell, SpaceX's president and COO, announced she will donate company stock to help fund the program. The gift comes from stock worth approximately $2.4 billion held by Shotwell and her husband, and will be distributed among nearly 2 million accounts. Intel, Robinhood, and Micron have also committed funds, with Micron adding a one-time $250 million payment for children in its business communities. Michael and Susan Dell stood alongside Trump to confirm a $6.25 billion pledge, while investor Ray Dalio made his own separate promise.
Trump marked the occasion by ringing the opening bells for the New York Stock Exchange and the Nasdaq from the Oval Office, emphasizing his focus on stock market performance ahead of the November midterm elections. The S&P 500 climbed 17.9% in 2025, but consumer prices have risen 4.2% over the past year, contributing to sliding approval ratings. Despite the market gains, only 33% of Americans approve of Trump's economic handling.
Separately, SpaceX is set to join the Nasdaq-100 on Tuesday, meaning index-fund investors will automatically gain exposure to the company's volatile stock. The inclusion follows new rules accelerating entry for large, newly public firms.
