• Trump Media is merging with TAE Technologies in a $6 billion all-stock deal.
• The combined entity will focus on developing the world's first utility-scale fusion power plant.
• The merger is expected to close by mid-2026, with each company holding approximately 50% ownership.
• Devin Nunes and Michl Binderbauer will serve as co-CEOs of the new company.
• The venture aims to meet the growing energy demands driven by artificial intelligence.

Trump Media & Technology Group (TMTG) has announced its merger with TAE Technologies, a fusion energy firm, in a deal valued at over $6 billion. This all-stock agreement aims to create one of the world's first publicly traded fusion companies, with a plan to construct a utility-scale fusion power plant beginning in 2026, pending regulatory approvals.

The merger will give both companies equal stakes in the new entity, allowing shareholders to own about 50% each post-deal. Devin Nunes, current CEO of Trump Media, will co-lead the merged organization with TAE Technologies CEO Michl Binderbauer. Nunes remarked that this collaboration represents a "big step forward toward a revolutionary technology that will cement America’s global energy dominance for generations," showcasing the merger's ambitious scope.

TAE Technologies, which has previously raised over $1.3 billion from investors including Google and Chevron, specializes in nuclear fusion technology. This merger allows Trump Media to diversify its operations beyond social media, integrating cutting-edge energy solutions to meet heightened demands driven by artificial intelligence (AI) technologies.