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The parent company of Truth Social is pivoting to nuclear fusion energy in a major all-stock deal, sending shares soaring and marking a dramatic expansion into clean power technology.
Trump Media & Technology Group, the company behind President Donald Trump’s Truth Social platform, revealed a surprise merger agreement with TAE Technologies, a leading nuclear fusion developer, in an all-stock transaction valued at more than $6 billion.
The announcement, made early Thursday, immediately boosted Trump Media’s stock, which trades under the ticker DJT, by as much as 35 percent in premarket and early trading. The deal represents a significant shift for the company, which has primarily focused on social media and related ventures since going public in 2024.
Under the terms of the agreement, shareholders of both Trump Media and TAE Technologies will each own approximately 50 percent of the combined entity on a fully diluted basis. The transaction values TAE’s common stock at around $53.89 per share, based on Trump Media’s recent average share price.
The combined company will operate under the Trump Media umbrella, serving as a holding entity for Truth Social, its streaming and financial services arms, as well as TAE’s fusion power operations and subsidiaries like TAE Power Solutions and TAE Life Sciences.
Leadership will see Devin Nunes, current CEO of Trump Media, and Michl Binderbauer, CEO of TAE, serving as co-CEOs. A nine-member board is planned, including representatives from both companies.
The Deal’s Strategic Rationale
The merger comes amid surging demand for electricity driven by artificial intelligence data centers, positioning fusion as a potential clean, abundant energy source. TAE Technologies, founded in 1998, has developed fusion reactors and raised over $1.3 billion from investors including Google and Chevron.
Company statements highlighted the potential for fusion to provide unlimited clean energy, supporting U.S. leadership in AI and national security. The combined entity plans to site and begin construction on a utility-scale fusion power plant in 2026, with initial capacity around 50 megawatts and larger plants to follow.
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.
Trump Media has committed up to $200 million in cash to TAE upon signing, with an additional $100 million available after regulatory filings. The deal is expected to close in mid-2026, pending approvals.
For Trump Media, which has reported ongoing losses and limited revenue from advertising on Truth Social, the merger provides access to a high-growth sector. The company has diversified into cryptocurrency holdings and financial products in recent months.
Market and Industry Reaction
Shares of Trump Media surged on the news, reflecting investor enthusiasm for the pivot into frontier energy technology. Analysts noted the deal’s alignment with broader trends in AI power needs and clean energy investment.
TAE’s technology focuses on more efficient fusion systems, with the company having built multiple research reactors. While commercial fusion remains years away, the public listing could accelerate development through capital markets access.
The transaction creates one of the first publicly traded companies dedicated to fusion power, a field that has attracted significant private investment but few public vehicles.
Major news outlets across the spectrum covered the announcement extensively, underscoring its cross-sector implications for technology, energy, and finance.
On X, discussions highlighted the unexpected combination of social media and advanced energy, with posts from financial and tech accounts noting the stock movement and strategic implications.
The merger adds to Trump Media’s evolving portfolio, which includes substantial bitcoin holdings and efforts in streaming and fintech. It positions the company at the intersection of digital platforms and next-generation power infrastructure.
As details emerge through regulatory filings and investor calls, the deal will face scrutiny over valuation, timelines, and execution risks in the challenging fusion sector.
The announcement marks a bold expansion for Trump Media, blending its media roots with ambitions in transformative energy technology amid growing demands for sustainable power sources.
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