Trump Media merges with TAE Technologies in $6B deal
Trump Media & Technology Group (TMTG) is teaming up with fusion energy leader TAE Technologies in a merger valued at over $6 billion.
Both sets of shareholders will split ownership about 50-50, creating a new company that combines social media and clean energy ambitions.
What does this mean?
The merged company will manage Truth Social, Truth+, Truth. Fi, and all of TAE's operations.
Their big goal: build the first utility-scale fusion power plant by 2026—a major step toward cleaner energy.
The deal still needs shareholder and regulatory approval but aims to close by mid-2026.
Why is this interesting?
TAE Technologies is described as a leading innovator in fusion energy, while TMTG brings its social media platforms to the mix.
Together, they aim to foster innovation across both tech and energy sectors.