BlockBeats News, July 26th, according to Fortune, the Trump administration has invested approximately $26.7 billion in about 30 equity or equity-like transactions. The largest one was a 9.9% stake in chipmaker Intel, currently valued at around $42 billion. Others include a $400 million investment in rare earth mining company MP Materials, a "golden share" held during the acquisition of U.S. Steel by Japan's Nippon Steel, and multiple stakes in quantum computing companies.

The holdings are spread across at least four entities: the Department of Commerce (17 transactions), the Department of Defense (7 transactions), the U.S. International Development Finance Corporation (DFC, 6 transactions), and the Department of Energy (2 transactions). Only the DFC has a clear statutory authority for equity investments (established by Congress in 2018 for overseas development projects). There is currently no unified government equity ledger, and the most comprehensive public tracking is maintained by the Council on Foreign Relations. Some transactions are still at the agreement signing or near-term list stage, particularly the nine quantum computing-related transactions announced by the Department of Commerce within a week.