Trump Media & Technology Group Corp. and TAE Technologies, Inc. announced today that they have signed a definitive merger agreement to merge in an all-stock deal valued at over $6 billion.
The merger between the nuclear fusion company and Trump Media drove shares up 28% in premarket trading.
The companies said the merger will create one of the first publicly traded fusion companies.
Analysts believe the deal is aimed at using fusion or other power sources to help address America’s electrical supply problems needed to run data centers.
Devin Nunes, TMTG Chairman and CEO, said, “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. 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.”
Michl Binderbauer, TAE CEO and Director stated, “Our talented team, through its commitment and dedication to science, is poised to solve the immense global challenge of energy scarcity. At TAE, recent breakthroughs have prepared us to accelerate capital deployment to commercialize our fusion technology. We’re excited to identify our first site and begin deploying this revolutionary technology that we expect to fundamentally transform America’s energy supply.”
The transaction, which was approved by the boards of directors of both companies, is expected to close in mid-2026.
By CEO NA Editorial Staff
