Trump Media Strikes $6B Fusion Power Merger With TAE Technologies

Trump Media and TAE Technologies agreed to a $6 billion all‑stock merger to create a fusion energy company with plans for utility‑scale power projects post‑2026.

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Trump Media Strikes $6B Fusion Power Merger With TAE Technologies

Trump Media Strikes $6B Fusion Power Merger With TAE Technologies
Trump Media & Technology Group agreed to merge with TAE Technologies in an all‑stock transaction valued at over $6 billion, creating one of the first publicly traded fusion energy firms. The combined company will be jointly led by Trump Media CEO Devin Nunes and TAE CEO Michl Binderbauer, with shareholders from both entities owning roughly 50% each.
Companies:
  • Trump Media & Technology Group
  • TAE Technologies
Tags:
  • stocks
  • energy