Trump Bought Over $1M in Dell Stock Before Pentagon Signed $9.7B Contract with Company

As President Donald Trump has forged deeper political ties with Dell founder and CEO Michael Dell, one of the 10 richest men in the world, mandatory financial disclosures have revealed that his accounts purchased more than $1 million in Dell stock just months before the company secured a $9.7 billion Pentagon contract.

According to a filing with the U.S. Office of Government Ethics, Trump’s investment portfolio executed more than 3,600 trades in the first three months of 2026, buying and selling shares of tech companies, banks and other major corporations doing business with the federal government.

On Feb. 10, Trump’s portfolio bought between $1 million to $5 million in Dell shares, and it purchased smaller amounts in the weeks since then.

“Go out and buy a Dell computer,” Trump then said in Feb. 19 speech in Rome, Ga., and again in a Feb. 27 speech in Corpus Christi, Texas, as he lavished praise on Michael Dell, 61, and his wife Susan Dell. He also specifically praised them in his Feb. 24 State of the Union address.