US EditionTrump Media to Merge with Fusion Energy Firm TAE in $6B Deal
The merger combines TMTG’s capital and market access with TAE’s fusion technology to build the first utility-scale fusion plant, valued at $6 billion with equal ownership.
- On Dec. 18, Trump Media & Technology Group and TAE Technologies agreed to combine in an all‑stock deal valued at more than $6 billion, and Trump Media shares jumped more than 31% in premarket trading.
- TAE Technologies has spent more than 25 years developing fusion, building five reactors and raising over $1.5 billion, while Trump Media & Technology Group will hold media brands and new energy units.
- A nine-member board is planned with Michael Schwab as chairman and each side retaining advisers including DLA Piper LLP, Yorkville Securities, Clear Street, Barclays, and Baker Botts LLP.
- The combined company plans to site and begin construction on the world’s first utility-scale fusion power plant in 2026, subject to approvals, with additional plants planned to support AI and energy security.
- Nunes told Fox News Digital that `Trump Media & Technology Group built uncancellable infrastructure...` and `TMTG brings the capital and public market access to quickly move TAE’s proven technology to commercial viability.` The companies frame the merger as advancing U.S. AI and energy leadership.
259 Articles
259 Articles
The Real Reason Behind Trump Media's $6 Billion Nuclear Fusion Merger
US President Donald Trump associated social media and technology company has shocked markets and political groups by announcing a merger with a nuclear fusion developer in a deal valued at more than $6 billion (£4.5 billion). Now, at face value, the combination of a media group with a high-tech energy technology company seems odd. Still, if examined closely, the decision reveals strategic and economic motivations that are not merely about simple…
Donald Trump's Net Worth Surges By Over $500 Million In One Day: What's Driving The Increase?
President Donald Trump saw a significant increase in his net worth, with shares of Trump Media and Technology (NASDAQ:DJT) surging on Thursday after the company announced a merger with TAE Technologies valued at $6 billion. Media Deal Could Benefit From Political Support According to Forbes, ...
6 billion merger with Tae Technologies
Trump Media group announces $6bn merger with fusion energy company
US president Donald Trump is getting into the fusion power business through a $6bn (€5.1bn) merger of his social media firm with Google-backed TAE Technologies, which was announced just days after industry leaders met US Energy Department representatives looking for federal funding.
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