Trump Media & Technology Group (TMTG) Agreed to Merge with an Alphabet-backed Fusion Energy Firm, in a Deal worth more than $6 billion, aiming to Capitalize on the Artificial-Intelligence (AI) Boom’s Significant Power Requirements. Under the Deal, TMTG and TAE Technologies, would Split Ownership of the Combined Company about Evenly. The Transaction, expected to Close in Mid-2026, Values each Share of TAE Stock at $53.89.
In a Statement Thursday, the Companies said the Deal combines TMTG Media’s “access to significant capital” and TAE’s “leading fusion technology” to supply Power for AI Technology. Shares in TMTG, the Parent of Truth Social, rose 27% in Premarket Trading.
Fusion has yet to be Proven Commercially Viable. It has long been a Clean-Energy Dream that would Harness the Process that Powers the Sun to deliver almost Limitless Energy. The Technology faces Daunting Science and Engineering Hurdles, and some Experts consider it a Mirage that will remain Out-of-Reach. Scientists around the World are trying to figure out how to Sustain Fusion Reactions and Convert that Energy into Net Power.
Next year, the Combined TMTG-TAE Company will begin Construction on a 50-megawatt Utility-Scale Fusion Power Plant, the Companies said. They Plan to build additional Fusion Power Plants that could Generate 350 to 500 megawatts apiece. Trump Media Chief Executive Devin Nunes (R) said the Deal would allow the Company to take “a big step forward toward a revolutionary technology that will cement America’s global energy dominance for generations.”
Founded in 1998, TAE Technologies is One of the World’s Oldest Private Fusion Ventures, Backed by Google Parent Alphabet, Chevron, Goldman Sachs, and several Family Offices. The Southern California Firm aims to Create almost Limitless Energy through Nuclear Fusion, a Process that uses Controlled Fusion Reactions to generate Energy. In 2022, a long-awaited Physics Breakthrough by Lawrence Livermore National Laboratory boosted the Fusion Industry, including TAE Technologies, by using Lasers to create Conditions that cause Hydrogen atoms to Fuse and Release Large Amounts of Energy.
The Global Boom in AI has resulted in an Explosion of Energy Demand. The Vast Data Centers that underpin AI Models, Gobble-Up Electricity at a Tate that Strains the Capabilities of the Conventional Power Grid. Companies like TMTG and TAE are Betting on Fusion as a Long-Term Solution.
Since coming to Office in 2017, Trump (R) has been building an Extensive and Varied Business Empire. Shortly after the End of His First Term, He founded Trump Media, which later launched Truth Social. In His Second Tterm, Trump’s Empire has greatly Expanded, with Forays into Cryptocurrency, Communications, and Financial Products.
Ventures launched since Trump’s Re-Election generated at least $4 billion in Proceeds and Paper Wealth for the Family as of December 2025, according to Company Statements and Securities Filings.
In 2026, the Combined Company plans to find a Site and begin Building a Power Plant that Thursday’s Announcement calls “the world’s first utility-scale fusion” plant. Plans call for it to produce 50 megawatts of Electric Power. The Project remains Subject to Regulatory Approvals.
The Deal calls for TMTG to provide up to $200 million in Cash to TAE at Signing, and an additional $100 million later. TAE says that after more than 25 years of Research and Development, it has significantly Reduced the Size, Cost, and Complexity of Fusion Reactors. Nunes and TAE Chief Executive Michl Binderbauer will serve as Co-Chief Executives of the Combined Company.
“China is moving very quickly on investing in fusion and scaling its nuclear grid into 2030, which puts more pressure on the U.S. to have an answer to nuclear fusion and in our view TAE now with significant capital will be front and center,” Wedbush Analyst Dan Ives said in a Research Note. The Fusion Sector has seen a recent Surge in Interest, with Global Funding Topping $7.1 billion across 50 Startups, S&P Global said in a July Research Report.
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