President Trump's media company Trump Media & Technology Group agreed to merge with fusion power company TAE Technologies in an all-stock deal worth more than $6 billion. ...

Trump Media and Technology Group on Thursday announced a merger agreement with TAE Technologies, a fusion power company, valued at more than $6 billion.The all-stock deal, expected to close in mid-2026, will result in shareholders of each firm owning approximately half of the combined company.The merger would create "one of the world's first publicly traded fusion companies," according to a press release.The announcement shows Trump Media, which operates President Donald Trump's Truth Social platform, branc ...

By Deborah Mary Sophia and Timothy Gardner Dec 18 (Reuters) - U.S. President Donald Trump is getting into the fusion power business through a $6 billion merger of his social media firm and Google-backed TAE Technologies, announced just days after industry leaders met with U.S. Energy Department representatives to urge federal funding. The all-stock deal announced on Thursday is an ​ambitious bet on the power boom spurred by artificial intelligence data-centers and adds to the Trump family's growing rost ...

Combined company expects to site and commence construction of the first utility-scale fusion power plant in 2026 Fusion power to blaze path toward America’s A.I. dominance and energy security Conference call scheduled for 9 a.m. ET, December 18, 2025 SARASOTA, Fla. and FOOTHILL RANCH, Calif., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Trump Media & Technology Group Corp. (Nasdaq, NYSE Texas: DJT) (“TMTG”) and TAE Technologies, Inc. (“TAE”) today announced the signing of a definitive merger agreement to combine in ...