White House and Treasury officials are debating whether to let high‑net‑worth donors contribute shares to the Trump accounts program, which currently accepts only cash into diversified index funds. The proposal, championed by Altimeter Capital founder Brad Gerstner, could let tech moguls like Elon Musk or Jensen Huang donate Tesla or Nvidia stock.

Allowing stock donations would give children exposure to high‑growth equities and enable donors to offload valuable shares without realizing capital gains, while still receiving charitable deductions. The move could unlock billions of dollars in philanthropic capital and shift the accounts from passive index returns to active mega‑stock ownership.

Treasury officials warn that changing the statute would require legislation or new guidance, and that the program’s original design protects minors from market volatility. Investors and business leaders will watch closely as the debate unfolds, as the outcome could reshape how private wealth is directed into public‑interest vehicles.