Catenaa, Sunday, December 28, 2025- Trump Media & Technology Group has agreed to a $6 billion all-stock merger with fusion power firm TAE Technologies, sending DJT shares up 35% Thursday.
The merger, approved by both boards, is expected to close in mid-2026 and will see shareholders of each company own roughly 50% of the combined entity.
Trump Media will provide TAE with $200 million in cash at signing and an additional $100 million upon filing an S-4 with the SEC.
The merged company plans to identify a site and begin construction on a utility-scale fusion power plant in 2026, aiming to advance commercial fusion energy and U.S. energy leadership.
The combination seeks to leverage Trump Media’s capital access with TAE’s fusion technology expertise. Leadership will include TAE CEO Dr. Michl Binderbauer and Trump Media Chairman Devin Nunes, with Donald Trump Jr. joining the board.
Shares of Trump Media recently traded at $14.13, though the stock remains down more than 58% year-to-date.
The merger reflects broader efforts by the firm to expand into energy innovation alongside its existing media and crypto initiatives.
Financial advisors for the deal include Yorkville Securities, which previously helped Trump Media raise $2.5 billion to purchase Bitcoin earlier in 2025.
The firm is also working with Trump Media and Crypto.com on a planned $6 billion digital asset treasury strategy.
