Trump Media and Technology Group recently announced a merger with TAE Technologies, a private fusion power company, in an all-stock deal worth over $6 billion. This agreement is expected to be finalized by mid-2026. Each company’s shareholders will hold about half of the new entity.
After this news, shares of Trump Media surged by 33%, bouncing back from a significant decline of over 75% since earlier this year. This merger marks a strategic shift for Trump Media, which operates Truth Social, the social media platform linked to former President Donald Trump. As the demand for energy surges in the U.S., particularly because of competition with China in AI development, this move highlights the potential of fusion technology.
Currently, there are no commercial plants generating electricity from fusion energy, which promises a safer alternative to traditional nuclear power. TAE Technologies has been at the forefront of this field, holding around 1,600 patents and securing more than $1.3 billion from major investors like Google, Chevron, and Goldman Sachs.
Devin Nunes, the chairman of Trump Media, mentioned that this merger aligns with the company’s goal of introducing transformative technology that can create long-term value. He indicated that Trump Media’s assets include a significant cryptocurrency portfolio, totaling over $3 billion, although the company’s revenues have been low, earning less than $2.7 million in the first nine months of 2025.
Both companies aim to set up one of the world’s first utility-scale fusion power plants, pending necessary approvals. This ambitious plan is driven by the belief that fusion energy could play a crucial role in maintaining America’s economic edge in global competitions like the AI race.
As this story unfolds, it reflects a growing trend in the energy sector to explore innovative technologies and partnerships to address future energy demands.
For further detailed information on TAE Technologies, you can visit their official website.
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