--- title: "Trump Accounts Customer Growth 'Faster' Than America's 'Most Successful and Dynamic' Tech Companies, Says Robinhood CEO Vlad Tenev" type: "News" locale: "en" url: "https://longbridge.com/en/news/292150001.md" description: "Robinhood CEO Vlad Tenev stated that Trump Accounts, a government-backed investment program for children, has surpassed 6 million enrollments and is acquiring customers faster than major U.S. tech companies. Launched under the One Big Beautiful Bill Act, the accounts offer tax-deferred investing with initial $1,000 contributions. Robinhood serves as the initial broker alongside BNY Mellon, supporting Tenev's vision to expand equity ownership." datetime: "2026-07-09T04:08:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292150001.md) - [en](https://longbridge.com/en/news/292150001.md) - [zh-HK](https://longbridge.com/zh-HK/news/292150001.md) --- # Trump Accounts Customer Growth 'Faster' Than America's 'Most Successful and Dynamic' Tech Companies, Says Robinhood CEO Vlad Tenev **Robinhood Markets Inc**. (NASDAQ:HOOD) CEO **Vlad Tenev** said Wednesday that Trump Accounts was adding customers faster than many of America’s biggest technology companies, as the government-backed investment program neared 6 million enrollments. ## Trump Accounts Tops 6 Million Sign-Ups Tenev, in a post on X, said customer growth for Trump Accounts has outpaced that of “many of America’s most successful and dynamic tech companies.” > The @TrumpAccounts customer growth has been faster than that of many of America's most successful and dynamic tech companies. > > — Vlad Tenev (@vladtenev) July 8, 2026 Treasury Secretary **Scott Bessent** in June said nearly 6 million children had enrolled for the Trump Accounts, which was officially launched last Saturday. Robinhood serves as the program’s initial broker alongside **The Bank of New York Mellon Corp.** (NYSE:BNY), with the accounts designed to encourage long-term investing from an early age. **Read Also: Gary Black Bearish On SpaceX Stock, Says He Holds No SPCX As He Spotlights Jeremy Grantham's Stark Warning: 'In 50 Years… You Will Be Laughing at It'** ## **Trump Accounts Aim to Expand Stock Ownership** Created under President **Donald Trump**‘s One Big Beautiful Bill Act, Trump Accounts are tax-deferred investment accounts for eligible U.S. children, with those born between 2025 and 2028 eligible for a one-time $1,000 government-funded contribution from the U.S. Department of the Treasury. The accounts automatically invest contributions in an S&P 500 index fund, while families, employers and others can contribute up to $5,000 annually. ## Corporate America Backs the Program **Dell Technologies Inc**. (NYSE:DELL) CEO **Michael Dell** and his wife, **Susan Dell**, pledged $6.25 billion to give $250 each to 25 million children, while **Ray** **Dalio** and **Barbara Dalio** pledged at least $75 million for more than 300,000 children in Connecticut. Companies including **Visa Inc**. (NYSE:V), **SoFi Technologies Inc**. (NASDAQ:SOFI)**, JPMorgan Chase & Co**. (NYSE:JPM), **Comcast Corp**. (NASDAQ:CMCSA), **BlackRock Inc**. (NYSE:BLK), **Micron Technology Inc**. (NASDAQ:MU) have announced contributions or employer-matching programs. **Space Exploration Technologies Corp**. (NASDAQ:SPCX) President **Gwynne Shotwell** on Monday said she and her husband would donate SpaceX shares to Trump Accounts benefiting more than 2 million American children. ## Builds on Tenev’s ‘Make Everyone an Owner’ Vision Trump Accounts are part of Robinhood’s expansion beyond traditional brokerage services, with the company launching tokenized U.S. stocks for investors in more than 120 countries, AI-powered trading agents, retirement accounts, and international investing products. Tenev has previously said Robinhood’s “North Star” is to maximize direct equity ownership and make investing more accessible. **Price Action:** Shares of HOOD closed 0.56% higher on Wednesday at $113.53 and were little changed in after-hours trading, rising 0.06%. **Benzinga edge rankings** indicate HOOD has a Momentum score in the 81st percentile and a Growth score in the 92nd percentile. **Read Also: Marjorie Taylor Greene Says Stock Market 'Buying Opportunities' Are 'Ripe Again' as Trump Bombs Iran Again: 'What We Voted to End…'** **_Disclaimer_:** _This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors._ _Photo courtesy: Thrive Studios ID / Shutterstock.com_ ### Related Stocks - [HOOD.US](https://longbridge.com/en/quote/HOOD.US.md) - [HOOG.US](https://longbridge.com/en/quote/HOOG.US.md) - [ROBN.US](https://longbridge.com/en/quote/ROBN.US.md) - [BNY.US](https://longbridge.com/en/quote/BNY.US.md) - [HODU.US](https://longbridge.com/en/quote/HODU.US.md) - [HOOI.US](https://longbridge.com/en/quote/HOOI.US.md) - [HOOW.US](https://longbridge.com/en/quote/HOOW.US.md) - [HOOX.US](https://longbridge.com/en/quote/HOOX.US.md) - [HOOY.US](https://longbridge.com/en/quote/HOOY.US.md) - [HOOZ.US](https://longbridge.com/en/quote/HOOZ.US.md) - [HOYY.US](https://longbridge.com/en/quote/HOYY.US.md) - [DELL.US](https://longbridge.com/en/quote/DELL.US.md) - [V.US](https://longbridge.com/en/quote/V.US.md) - [SOFI.US](https://longbridge.com/en/quote/SOFI.US.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [CMCSA.US](https://longbridge.com/en/quote/CMCSA.US.md) - [BLK.US](https://longbridge.com/en/quote/BLK.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) - [CCZ.US](https://longbridge.com/en/quote/CCZ.US.md) - [CMCSV.US](https://longbridge.com/en/quote/CMCSV.US.md) - [BTX.US](https://longbridge.com/en/quote/BTX.US.md) - [BIT.RT*.US](https://longbridge.com/en/quote/BIT.RT*.US.md) - [BDJ.US](https://longbridge.com/en/quote/BDJ.US.md) - [BSTZ.US](https://longbridge.com/en/quote/BSTZ.US.md) - [BIT.RT.US](https://longbridge.com/en/quote/BIT.RT.US.md) ## Related News & Research - [Robinhood partners with WHOOP to offer Platinum Cardholders complimentary annual Peak membership through 2027](https://longbridge.com/en/news/293477075.md) - [Piar LLC Has $1.51 Million Stock Holdings in Robinhood Markets, Inc. $HOOD](https://longbridge.com/en/news/293325767.md) - [BNY Investments Puts Greater Focus on Zurich in DACH Business](https://longbridge.com/en/news/293345767.md) - ['The World's Most Powerful Network': X Money Rolls Out, Challenging Venmo, Robinhood, Apple Pay](https://longbridge.com/en/news/293981083.md) - [Chime brings investing directly to its digital banking users](https://longbridge.com/en/news/293363675.md)