Trump Media & Technology Group (TMTG) and U.S.-based nuclear fusion energy company TAE Technologies have announced their merger. The parties have signed a stock-for-stock deal valued at over $6 billion.
Under the agreement, both companies will operate as a single publicly traded entity, with shareholders holding approximately 50/50 ownership in the new company.
The new company’s primary goal is to construct the first commercial nuclear fusion power plant by 2026. Initially, the plant is expected to have a capacity of 50 megawatts (MWe), with plans to build larger facilities of 350–500 MWe in the future. The project aims to produce economically viable clean energy while supporting high-energy-demand sectors such as artificial intelligence.
The merger combines TMTG’s financial resources with TAE’s advanced technology. According to the terms of the agreement, TMTG will pay $200 million in cash at signing, with an additional $100 million to be paid after formal documentation is completed.
The process is expected to be fully completed by mid-2026, following traditional regulatory approvals. The new company will be jointly led by TMTG CEO Devin Nunes and TAE CEO Dr. Michel Binderbauer as Co-CEOs.
