Trump Media & Technology Group Corp. has merged with nuclear fusion firm TAE Technologies in an all-stock transaction valued at $6 billion. Each company will own 50% of the combined company. According to a joint statement on the development, the transaction is expected to close in mid-2026.
“Trump Media & Technology Group built uncancellable infrastructure to secure free expression online for Americans, and now we’re taking a big step forward toward a revolutionary technology that will cement America’s global energy dominance for generations,” said Devin Nunes, TMTG Chairman and CEO. “Fusion power will be the most dramatic energy breakthrough since the onset of commercial nuclear energy in the 1950s—an innovation that will lower energy prices, boost supply, ensure America’s A.I.-supremacy, revive our manufacturing base and bolster national defense. TMTG brings the capital and public market access to quickly move TAE’s proven technology to commercial viability.”
In a statement shared on Truth Social, TMTG said the merger will lead to the construction of the “first utility-scale fusion power plants.”
“From its inception, TMTG has been dedicated to building things the American people needed. We built Truth Social to reopen the internet and give the American people their voices back,” the company wrote. “We built Truth+ so Americans could access the news and entertainment that corporate and Hollywood censors didn’t want them to see. And as our country positions itself to achieve global technology dominance in AI, quantum computing, and other groundbreaking innovations, we’re merging with @TAE to build the engine we believe will power America’s technology revolution.”
