Trump Media Merger Seeks To Launch ‘Fusion Energy’ Revolution
Trump Media & Technology Group Corp (TMTG) has announced a merger valued at over $6 billion with TAE technologies, a company specializing in commercial-scale fusion energy.The partnership aims to advance the development and deployment of fusion power across the United States, promoting affordable, carbon-free electricity without the risks typically associated with nuclear energy, such as meltdowns or radioactive waste. TMTG Chairman and CEO Devin Nunes highlighted fusion energy as a revolutionary breakthrough that could lower energy costs, enhance America’s manufacturing and national defense, and support AI technology. The merged company plans to begin construction on the world’s first utility-scale fusion power plant as soon as next year. Leadership will be shared between Nunes and TAE CEO Michl Binderbauer, with the company operating under a nine-member board. TMTG will continue to oversee its existing media properties, including truth Social, alongside the fusion energy ventures. The merger is expected to be completed by mid-2026.
The Trump Media & Technology Group Corp (TMTG) announced on Thursday that it is merging with a major tech company to further develop and expand the use of “fusion energy” throughout the country. The merger is valued at more than $6 billion.
“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,” TMTG Chairman and CEO Devin Nunes said in a statement. “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.”
According to the Thursday press release, Trump Media will be merging with TAE Technologies, a tech energy company focused on “deploying commercial, utility scale fusion energy.”
The latter company seeks to use this new form of energy to “provide reliable, affordable, carbon-free electricity and industrial heat without the risks of nuclear meltdown, radioactive waste, or proliferation.” That includes helping America “win the A.I. revolution” and power AI data centers, which have been driving up electricity costs for local residents across the country.
According to the announcement, the joint company is aiming to “site and begin construction on the world’s first utility-scale fusion power plant” as early as next year. The company hopes to develop additional such plants in the future.
Under the agreement, TMTG and TAE shareholders will each own roughly 50 percent of the company, with Nunes and TAE Director and CEO Michl Binderbauer set to serve as co-CEOs. The combined company will be managed by a nine-member board of directors, which will be chaired by Big Sky Partners Founder and Managing Director Michael B. Schwab.
TMTG will continue to remain the holding company for existing Trump Media properties such as Truth Social and Truth+, but will also oversee “TAE, TAE Power Solutions and TAE Life Sciences, among others,” according to the press release.
“Our talented team, through its commitment and dedication to science, is poised to solve the immense global challenge of energy scarcity,” Binderbauer said in a statement. “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 companies anticipate that the merger will be completed in mid-2026.
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