Archive · 19 Dec 2025
Trump Media to Merge with TAE Technologies
Trump Media, which runs Truth Social, is merging with a company called TAE Technologies.
This deal is worth $6 billion and will create a new company where both Trump Media and TAE Technologies will own half each.
The new company will focus on fusion energy, which is a clean energy technology.
Devin Nunes, who used to be a congressman, will be one of the leaders of the new company.
TAE Technologies has been working with Google on fusion science and has raised a lot of money from investors.
The merger needs approval from regulators and shareholders before it can happen.
The new company plans to build the world's first utility-scale fusion power plant.
Trump Media has been losing money, but its shares jumped after the merger announcement.
Trump Media & Technology Group to merge with TAE Technologies in a $6 billion all-stock deal.
Post-merger, both companies will own roughly 50% of the combined entity.
Devin Nunes and Michl Binderbauer will serve as co-CEOs of the new company.
TAE Technologies specializes in nuclear fusion, a clean energy technology, and has raised over $1.3 billion in private funding.
The merger is subject to regulatory and shareholder approvals, with an expected completion date in mid-2026.
- Who
- Trump Media & Technology Group and TAE Technologies
- What
- Merger in an all-stock transaction valued at $6 billion
- When
- Announced on December 17, 2023, expected to close mid-2026
- Where
- United States
- Why
- To create a publicly traded fusion energy company and leverage Trump Media's platform
- Companies Involved
- Trump Media & Technology Group, TAE Technologies
- Deal Value
- $6 billion
- Deal Type
- All-stock transaction
- Ownership Post-Merger
- 50% each
- TAE Technologies Stock Value
- $53.89 per share
- Co-CEOs
- Devin Nunes, Michl Binderbauer
- Trump's Shareholding
- 41% of Trump Media's outstanding shares
- Fusion Energy Focus
- TAE Technologies specializes in nuclear fusion
- Deal Approval
- Approved by both companies' boards
- Expected Completion
- Mid-2026
- Cash Provision
- Up to $200 million at signing, $100 million upon initial filing
- Board Composition
- Nine members, including Nunes, Binderbauer, and Donald Trump Jr.
- TAE Technologies Backers
- Google, Chevron, Sumitomo Corporation of Americas
- TAE Technologies Funding
- Raised over $1.3 billion in private funding
- Trump Media Revenue
- Primarily from advertising on Truth Social
- Trump Media Losses
- $54.8 million in Q3 2023
- Fusion Power Plant
- Planned construction post-deal
Sources
Trump Media, which operates Truth Social, to merge with fusion firm TAE Technologies in $6 billion all-stock deal
Trump Media announces $6 billion merger with Google, Chevron-backed nuclear energy firm
Why is Trump Media entering the fusion power business through a $6 billion merger
Truth Social’s parent, Trump Media merges with nuclear fusion company TAE Technologies
‘A Barbenheimer mashup’: Trump Media and TAE Technologies seal $6 billion fusion merger - Telegraph India
Trump Media to merge with TAE Technologies in USD 6 billion nuclear fusion deal company - Telegraph India
