Trump Media to Merge With TAE Technologies in $6B Fusion Power Deal – 18 Dec 2025

Trump Media and TAE Technologies Strike $6 Billion Fusion Energy Merger — 18 Dec 2025

On 18 December 2025, Trump Media & Technology Group (TMTG), the parent company of Truth Social, made a major announcement: it will merge with TAE Technologies, a U.S.-based nuclear fusion innovator, in an all-stock deal valued at over $6 billion.

The merger positions the combined company at the cutting edge of fusion energy and technology, creating one of the first publicly traded nuclear fusion enterprises in the world. Shareholders of both companies are expected to own roughly 50% of the new entity after the deal closes, which is projected by mid‑2026, pending regulatory and shareholder approvals.

The merger agreement stipulates that TMTG will act as the holding company for both its media platforms and TAE’s fusion energy operations. Major assets include Truth Social and Truth+, TAE Power Solutions (focused on next-generation energy systems), and TAE Life Sciences (specializing in advanced radiotherapy and related technologies).

Under the terms of the deal, TMTG will provide up to $200 million in cash at signing, with an additional $100 million upon filing a Form S‑4 registration statement with the SEC. TAE common stock is valued at approximately $53.89 per share on a fully diluted basis.

Founded in 1998, TAE Technologies is pioneering nuclear fusion — a process that generates electricity like the sun, offering carbon-free, abundant power without radioactive waste or meltdown risks. The company has raised over $1.3 billion from investors including Google, Chevron, and Goldman Sachs, and has successfully built five fusion reactors.

The combined company plans to begin building the world’s first utility-scale fusion power plant in 2026, producing 50 megawatts initially, with later expansions targeting 350–500 megawatts.

Leadership of the merged company will be shared between Devin Nunes, Chairman and CEO of TMTG, and Dr. Michl Binderbauer, CEO of TAE Technologies. Both will serve as co‑CEOs, with a nine-member board comprising industry leaders and strategic advisors overseeing governance.

Following the announcement, Trump Media’s stock jumped 24–37% in pre-market trading, reflecting strong investor confidence in the combined fusion and media strategy.

Executives emphasized that the merger represents a major step toward American technological and energy leadership. Goals include meeting rising energy demand from AI data centers and industrial sectors, accelerating clean energy adoption, and enhancing economic competitiveness.

The merger of Trump Media & Technology Group and TAE Technologies marks a landmark event, combining capital, innovation, and strategic vision in both media and energy sectors. With plans for utility-scale fusion plants and a balanced ownership structure, the deal highlights a bold move in clean energy innovation and demonstrates the evolving relationship between technology, investment, and U.S. strategic interests.