Trump Media and TAE Announce $6B Merger for Fusion Energy Push
Trump Media & Technology Group (TMTG) will merge with fusion energy startup TAE Technologies in an all-stock deal valued at $6 billion. The transaction, slated to close by mid-2026, will result in each party holding approximately 50% equity. Markets reacted immediately, with TRUMP Media shares surging 35% on the announcement.
The partnership aims to develop the first utility-scale fusion power plant in the U.S., with initial capacity of 50 megawatts and plans for 350-500MW expansions. TMTG commits $200 million upfront and an additional $100 million upon regulatory filings, accelerating TAE's 25-year fusion research program that's already produced five reactors and attracted $1.3 billion from investors including Google and Goldman Sachs.
The deal aligns with anticipated energy demands from AI infrastructure growth, positioning fusion as a strategic solution for national power needs. "Fusion will be the most dramatic energy breakthrough since the atomic age," said TMTG Chairman Devin Nunes, underscoring the venture's ambitious scale.
