Trump Media & Technology Group, TAE Technologies and Fusion Power Company TAE Technologies announced on Thursday that they have reached an agreement to merge their companies in a stock-only transaction worth more than $6 Billion.
According to the announcement, this deal will create the first publicly listed fusion company in the world and represents a strategic shift by Trump Media towards advanced energy and power technology.
The transaction is valued at $53.89. Based on Trump Media’s 30-day trailing volume-weighted share average price, as of December 17, 2025.
After the merger is completed, the shareholders of Trump Media will own about 50% each of the combined company.
Companies expect to complete the deal in 2026.
Following the announcement of the merger, shares in Trump Media & Technology Group soared by more than 31 percent. This reflects the strong enthusiasm among retail investors for this deal.
The stock was trading around 20% higher at the time this article was written.
Deal Details
Trump Media, as part of the agreement, will act as the holding firm for the portfolio businesses Truth Social, Truth+ and TAE Power Solution.
The companies announced that Devin Nunes will be the co-CEO alongside TAE’s CEO and Director Michl Binderbauer. Nunes is the chairman and chief executive of Trump Media.
A nine-member Board of Directors will oversee the merged entity.
Binderbauer, Michael B. Schwab, and Nunes, two directors from Trump Media will be appointed.
Five independent board members are still to be announced. They will be chosen and appointed at a future date.
Schwab will be the new chairperson of the board.
Both companies’ management teams plan to hold an investor conference call starting at 9:00 a.m. On Dec. 18, 2025 at 9 a.m. ET, management teams from both companies plan to host an investor call.
Fusion power is at the heart of the deal
The companies claim that the deal is intended to bring together TAE’s Fusion Technology and Trump Media’s capital access.
It is expected that the merged group will begin building what they describe as “the world’s largest utility-scale fusion plant” with a capacity initially of 50 Megawatts, subject to approvals.
There are plans to build additional fusion power stations with capacities between 350 and 500 megawatts.
Companies said that fusion power stations are likely to produce abundant, reliable and affordable electricity. This will allow the United States support technologies such artificial intelligence, which require a lot of energy, while still maintaining its global competitiveness.
Trump Media agreed to pay TAE up to 200 million dollars in cash at the signing of the agreement.
According to the press statement, an additional $100 millions will be made available for the first filing of Form S-4.
The ICD published the article Trump Media stocks rocket 20% following mega merger announcement.
This site is for entertainment only. Click here to read more
