December 18, 2025 – U.S. & Global – Trump Media & Technology Group (DJT.O) is making a bold foray into fusion energy through a $6 billion all-stock merger with Google-backed TAE Technologies, just weeks after industry leaders met with the U.S. Energy Department to discuss federal funding for fusion power initiatives. The deal will establish a holding company encompassing the Trump Media platform, TAE Power Solutions, and TAE Life Sciences, signaling the Trump family’s growing involvement in diverse high-tech ventures.

Key Details of the Merger

• Valuation: $6 billion all-stock deal
• Cash Investment: Up to $200 million at signing, plus $100 million upon initial registration filing
• Share Distribution: Shareholders of both companies will each own roughly 50% of the merged entity
• Leadership: Trump Media CEO Devin Nunes and TAE CEO Michl Binderbauer will serve as co-CEOs; Donald Trump Jr. will join the board
• Timeline: Planning to start construction of the world’s first utility-scale fusion power plant by the end of 2026

Strategic Vision

The merger positions Trump Media to capitalize on rising electricity demand from AI data centers while providing TAE Technologies a public listing via the all-stock merger. The venture represents a significant investment in clean energy innovation, as nuclear fusion offers a potentially safer and carbon-free alternative to traditional power sources.

Despite decades of research, fusion power has yet to achieve commercial viability, with major technical hurdles including energy output efficiency and building reactors that can handle sustained fusion reactions.

Market and Shareholder Impact

Following the announcement, Trump Media shares surged 35%, recovering from a year-long slump in which the stock lost over 70% of its value. The stock had previously hit record lows in November 2025, despite initially surging in 2024 during Trump’s campaign period.

Retail investors and supporters on platforms like Truth Social expressed optimism, viewing the deal as a transformative growth opportunity for Trump Media and a potential breakthrough in the fusion energy sector.

Regulatory and Political Oversight

U.S. Representative Don Beyer, a Democrat and fusion advocate, expressed concerns about potential conflicts of interest and urged congressional oversight to ensure public and federal funds are directed responsibly.

Broader Industry Context

The energy industry has seen renewed interest in nuclear power due to growing electricity demand, particularly for data centers and AI infrastructure. Companies are exploring small modular reactors, restarted plants, and fusion technologies as part of the clean energy transition.

With this merger, Trump Media and TAE aim to lead the utility-scale fusion energy revolution, aligning emerging clean energy technology with strategic investments in the technology-driven power market.