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Trump Media to Merge With TAE Technologies, Targeting World’s First Public Fusion Power Company

Trump Media to Merge With TAE Technologies, Targeting World’s First Public Fusion Power Company

Trump Media & Technology Group (TMTG) has announced a landmark transaction with TAE Technologies, aiming to create one of the world’s first publicly traded fusion power companies. The deal combines TMTG’s capital strength with TAE’s advanced fusion technology, positioning the company at the center of America’s future energy and AI infrastructure push.

Key Transaction Highlights

  • The combined company will be governed by a nine-member board.
  • Devin Nunes and Donald J. Trump Jr. will serve as directors.
  • Devin Nunes (TMTG) and Dr. Michl Binderbauer (TAE) are expected to serve as Co-CEOs.
  • Each TAE share is valued at $53.89 per share on a fully diluted basis.

Fusion Power Plans and Timeline

The combined company plans to site and begin construction of the world’s first utility-scale fusion power plant in 2026, subject to regulatory approvals.

  • Initial fusion plant capacity: 50 megawatts electric (MWe)
  • Future plants expected capacity: 350–500 MWe
  • Goal: Deliver reliable, abundant, carbon-free electricity at commercial scale

According to the company, fusion power is expected to play a critical role in supporting America’s AI data centers, national energy security, and long-term economic competitiveness.

Financial Structure and Funding

As part of the transaction, Trump Media has committed significant capital to accelerate fusion commercialization.

  • Up to $200 million cash to TAE at signing
  • Additional $100 million available upon initial filing of Form S-4
  • TMTG’s balance sheet positioned as a catalyst to speed up deployment

TAE Technologies: Proven Fusion Track Record

TAE Technologies brings more than 25 years of fusion research and development to the partnership.

  • Successfully built and operated five fusion reactors
  • Significantly reduced reactor size, cost, and complexity
  • Raised over $1.3 billion in private funding

TAE’s investors include major global names such as Google, Chevron Technology Ventures, Goldman Sachs, Sumitomo Corporation of Americas, NEA, and family offices linked to Charles Schwab and other prominent investors.

Expanded Holding Company Structure

After closing, Trump Media will operate as a holding company for a diversified portfolio that includes:

  • Truth Social
  • Truth+
  • Truth.Fi
  • TAE
  • TAE Power Solutions
  • TAE Life Sciences

Market Reaction

Following the announcement, Trump Media & Technology Group shares extended gains, rising approximately 37% in premarket trading, reflecting strong investor interest in fusion energy and AI-linked infrastructure.

Why This Deal Matters

If successful, this transaction could mark a historic turning point for the global energy sector. Fusion power promises clean, virtually limitless energy without carbon emissions. By pairing fusion with AI-driven demand growth, the combined company aims to position the United States at the forefront of next-generation energy leadership.

The company stated that fusion power could help “blaze a path toward America’s AI dominance and long-term energy security,” aligning technology, capital, and national strategy.


 

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