A new dawn for energy: Trump Media's $6B merger with TAE Technologies sparks public fusion revolution
TOI GLOBAL DESK | TOI GLOBAL | Dec 18, 2025, 20:58 IST
In a groundbreaking merger valued at over six billion dollars, Trump Media and TAE Technologies are joining forces to create a revolutionary company dedicated to harnessing nuclear fusion energy. The venture will be co-led by Devin Nunes, signaling a bold step towards advancing fusion technology and reshaping America’s energy landscape.
Trump Media & Technology is set to merge with fusion power company TAE Technologies in an all-stock deal valued at over $6 billion. This merger will create one of the first publicly traded nuclear fusion companies.
Devin Nunes, the Republican congressman who now leads Trump Media as CEO, will serve as co-CEO of the new entity alongside TAE Technologies CEO Michl Binderbauer. Shares of Trump Media, the parent company of Truth Social, have experienced a significant drop this year but saw a notable increase before the market opened on Thursday.
TAE Technologies is a private company focused on nuclear fusion, a process that combines light atomic nuclei to release immense energy, similar to what powers the sun and stars. The merger aims to advance this revolutionary technology and bolster America's energy dominance.
"We’re taking a big step forward toward a revolutionary technology that will cement America’s global energy dominance for generations," Nunes stated in a prepared remark.
Upon completion of the transaction, both Trump Media and TAE shareholders will hold approximately 50% ownership of the combined company. Donald Trump is the largest shareholder in Trump Media, holding 41% of its outstanding shares.
The U.S. Department of Energy has released a roadmap to support the growth of a private fusion industry in the United States, aiming for rapid development. The transaction values each common stock of TAE at $53.89 per share.
Following the merger, Trump Media & Technology Group will serve as the holding company for Truth Social, TAE, and its subsidiaries, TAE Power Solutions and TAE Life Sciences. This strategic combination positions the new company at the forefront of both social media and advanced energy technology. The deal signifies a major development in the pursuit of fusion energy and its potential to reshape the global energy landscape. The integration of these two distinct entities highlights a bold move towards commercializing cutting-edge scientific advancements.
Devin Nunes, the Republican congressman who now leads Trump Media as CEO, will serve as co-CEO of the new entity alongside TAE Technologies CEO Michl Binderbauer. Shares of Trump Media, the parent company of Truth Social, have experienced a significant drop this year but saw a notable increase before the market opened on Thursday.
TAE Technologies is a private company focused on nuclear fusion, a process that combines light atomic nuclei to release immense energy, similar to what powers the sun and stars. The merger aims to advance this revolutionary technology and bolster America's energy dominance.
"We’re taking a big step forward toward a revolutionary technology that will cement America’s global energy dominance for generations," Nunes stated in a prepared remark.
Upon completion of the transaction, both Trump Media and TAE shareholders will hold approximately 50% ownership of the combined company. Donald Trump is the largest shareholder in Trump Media, holding 41% of its outstanding shares.
The U.S. Department of Energy has released a roadmap to support the growth of a private fusion industry in the United States, aiming for rapid development. The transaction values each common stock of TAE at $53.89 per share.
Following the merger, Trump Media & Technology Group will serve as the holding company for Truth Social, TAE, and its subsidiaries, TAE Power Solutions and TAE Life Sciences. This strategic combination positions the new company at the forefront of both social media and advanced energy technology. The deal signifies a major development in the pursuit of fusion energy and its potential to reshape the global energy landscape. The integration of these two distinct entities highlights a bold move towards commercializing cutting-edge scientific advancements.