Trump urged you to ‘buy a Dell’ while holding the stock — now it’s up 255%. Enrich yourself even outside the White House

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On Friday, May 29, shares of Dell Technologies (NYSE:DELL) jumped as much as 32% — the biggest single-day move in the company's history, eclipsing the 31.6% record it set in March 2024. The pop added $35.8 billion to founder Michael Dell's fortune, pushing his net worth to $245.9 billion, sending him soaring past Meta's Mark Zuckerberg into the No. 6 spot on the global wealth rankings.

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Dell reported far better than expected earnings on May 28, which sent its stock higher. Notably, the company’s share price has also more than tripled (up 255%) since Trump's first endorsement on Feb. 19, when he urged Americans to “buy a Dell.” Dell stock closed at $422.05 on June 4 and is one of the best-performing large-cap technology stocks of the year (2).

But the story doesn’t end with Dell’s exceptional balance sheet — it also veers into the White House.

A federal ethics disclosure published this month shows that an account in President Donald Trump's name bought up to $5.1 million worth of Dell stock in the first quarter. Trump publicly urged Americans to “buy a Dell” on two separate occasions, before Dell secured a Pentagon deal worth $9.7 billion (3).