By Omor Ibne Ehsan
Publication Date: 2026-10-16 17:06:00
Confidential documents reveal that two of the world’s most valuable tech companies quietly wrote identical checks to fund a new White House ballroom, and neither one sent out a press release. The real question is what each company expects to…
Two of the world’s most valuable companies wrote identical checks for the same building. Confidential documents show Nvidia (NASDAQ:NVDA | NVDA Price Prediction) and Apple (NASDAQ:AAPL) each gave $25 million toward President Trump’s planned White House ballroom. The money went through the Trust for the National Mall to the “Donald J. Trump Ballroom.”
Nvidia confirmed its gift. A representative said in a statement: “As an American company, our support for the United States is paramount, and independent of any business interests.” Apple did not immediately reply to requests for comment, so the documents are the only record of its gift.
Neither stock has traded on the news yet. On October 15, 2026, Nvidia closed at $217.23, down 1.84%, and Apple closed at $342.00, down 0.28%. Both moves came during a global tech selloff driven by worries over AI funding.
What the Documents Confirm and What They Leave Open
Gifts from companies and individuals have reached $330 million, short of a $400 million fundraising goal. The project, which adds a new East Wing with a ballroom, office space, and an underground military facility, is estimated to cost $600 million.
The Adelson Foundation and Dish co-founder Charlie Ergen each gave $25…
