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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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…
The company behind the social network Truth Social, owned by US President Donald Trump, announced today that it is merging with Google-backed energy firm TAE Technologies in a deal worth more than $6 billion.
Trump Media merging with nuclear fusion startup in $6B deal
Trump Media, the parent company of Truth Social, announced a merger Thursday with TAE Technologies, a nuclear fusion startup, in a deal valued at $6 billion. Together, the two companies are planning to create the “world’s first utility-scale fusion power plant.” The unprecedented project is intended to create electricity through fusion at 50 million watts...
Trump’s social media firm to merge with nuclear fusion company in $6B deal
Trump Media & Technology Group, the parent company of Truth Social, announced on Thursday that it had reached a definitive agreement to merge with the nuclear fusion company TAE Technologies, in a deal valued at more than $6 billion.
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