During the Golden Age of American Innovation Summit, President Trump presented the National Medal of Science to Elon Musk, Jensen Huang, Sergey Brin, and Lisa Su. Additionally, Michael Dell and Satya Nadella were honored with the National Medal of Technology and Innovation.

Reports indicate that these recipients have collectively contributed nearly $6 billion to initiatives associated with the Trump administration. Specific contributions include donations from Alphabet and Microsoft to the presidential inauguration fund, as well as a pledge of $6.25 billion from Michael and Susan Dell to the Trump Accounts program.

The awards ceremony occurred shortly after the administration announced an indefinite suspension of Microsoft from the H-1B visa program. This federal program previously allowed domestic companies to recruit skilled foreign workers.