Trump Media & Technology Group revealed plans to merge with TAE Technologies, a leading nuclear fusion company, in an all-stock deal valued at more than $6 billion.
The news sent shares of Trump Media soaring as much as 33% in early trading, providing a bright spot for a stock that had slumped nearly 70% earlier this year amid Truth Social’s ongoing losses.
This merger marks a dramatic pivot for the parent company of Truth Social, transforming it from a social media and crypto player into one of the world’s first publicly traded fusion energy firms.
Investors clearly welcomed the shift, betting on fusion’s potential to meet the exploding power demands of AI data centers.
Analysts like Wedbush’s Dan Ives pointed out the added perk of potential political backing, noting that regulatory hurdles might clear faster than a trending post.
The combined entity, still under the Trump Media umbrella, will house Truth Social, streaming services, financial ventures, and TAE’s fusion operations.
Shareholders from both sides will split ownership roughly 50-50 once the deal closes in mid-2026.
Devin Nunes, Trump Media’s CEO, will co-lead with TAE’s Michl Binderbauer.
The new nine-member board includes Nunes, Binderbauer, and Donald Trump Jr.
TAE Technologies, founded in 1998, has raised over $1.3 billion from heavyweights like Google and Chevron.
The company has built and operated five research reactors safely.
Fusion mimics the sun’s process, smashing atoms to release vast energy without long-term radioactive waste.
Yet commercial viability remains elusive, with net energy gain still a key challenge.
The merger injects up to $300 million in cash from Trump Media to accelerate TAE’s work.
Plans include siting and starting construction on the world’s first utility-scale fusion plant in 2026.
Nunes called it a step toward America’s energy dominance and AI supremacy.
Binderbauer highlighted recent breakthroughs enabling faster commercialization.
The deal arrives as AI’s energy hunger revives nuclear interest broadly.
Fusion promises cleaner, abundant power compared to fission or fossils.
Trump Media, despite ad revenue struggles and quarterly losses, brings public market access.
Its financial assets topped $3 billion recently, bolstered by crypto gains.
This venture adds to the Trump family’s diverse portfolio.
Market watchers buzzed over the bold bet on a technology long promised but not yet delivered.
Still, the stock surge showed faith in the vision.
Success could redefine energy markets.
For now, it’s a high-stakes fusion of media and plasma physics.
Leave a Reply