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.
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258 Articles
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.
Why Trump Media Stock Skyrocketed Today
Key PointsTrump Media wants to usher in a new era of American-led energy abundance.TAE Technologies could have the scientific expertise to help it do so.10 stocks we like better than Trump Media & Technology Group › Shares of Trump Media & Technology Group (NASDAQ: DJT) surged on Thursday after the company announced a $6 billion merger with TAE Technologies. By the close of trading, DJT's stock price was up more than 40%.Where to invest $1,000 r…
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