Trump Media Merger with Nuclear Fusion Company
On December 18, 2025, Trump Media & Technology Group (TMTG), the parent company of Truth Social, announced an all-stock merger with TAE Technologies, a California-based nuclear fusion company, valued at over $6 billion. The deal, expected to close by mid-2026 pending regulatory and shareholder approvals, will create a new public company listed under the Nasdaq ticker DJT, with both firms holding approximately 50% ownership. TAE, backed by investors like Google and Goldman Sachs, specializes in developing compact fusion reactors using proton-boron fuel, aiming to build the world’s first utility-scale 50-MWe fusion power plant by 2026. TMTG has pledged up to $300 million to support TAE’s efforts, marking a strategic pivot into clean energy to meet rising demands from AI data centers. The announcement boosted DJT stock by over 15% in after-hours trading, reflecting market optimism despite fusion’s experimental status.