US EditionTrump Media to Merge with Fusion Energy Firm TAE in $6B Deal
The $6 billion merger creates a publicly traded fusion company with equal ownership, aiming to build the world’s first utility-scale fusion plant by 2026.
- 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.
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Fusion of the worst kind
Trump Media & Technology DJT 33.52%increase; green up pointing triangle Group agreed to merge with an Alphabet-backed fusion energy firm in a merger valued at $6 billion, seeking to capitalize on the artificial-intelligence boom’s growing power...
U.S. President Donald Trump enters into the business of nuclear fusion power generation, a technology still under development, through an agreement to unite his social media company, Trump Media, with TAE Technologies, specialized in this research area and supported by Google. The operation is valued at about $6 billion. Continue reading
The Independent
perspectivemedia.comTrump Media unveils £4.5bn tie-up with nuclear fusion power firm
Trump Media & Technology will merge with privately-owned TAE Technologies
Watauga Democrat
Tuko.co.ke - Kenya news.Trump Media announces merger with fusion power company
Trump Media & Technology Group, the struggling company that owns the US president's Truth Social platform, announced Thursday a $6 billion merger with fusion power company TAE Technologies, in an unexpected pivot into energy technology.
Trump goes nuclear: The president's tech and media umbrella will merge with a fusion reactor developer in a deal valued north of $6 billion
Trump Media & Technology Group, the parent company of Truth Social, announced Thursday that it will merge with TAE Technologies, a privately held nuclear fusion developer, in an all-stock transaction valued at more than $6 billion. The deal will create one of the first publicly traded nuclear fusion companies in the United States and marks President Donald Trump’s entry into the highly regulated nuclear energy sector. The merger represents a d…
TechCrunch
Trump Media is merging with fusion power company TAE Technologies in $6B+ deal
The merger would broaden Trump Media’s holdings into the nascent fusion power space while data centers clamor for more electricity amid the ongoing AI boom.
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