Trump Media strikes $6B merger with fusion energy firm TAE
Parent company of Truth Social announced Thursday it has struck a definitive, all-stock agreement to merge with private fusion firm TAE Technologies.
Last updated: 2025-12-19 11:37:30 ET
Parent company of Truth Social announced Thursday it has struck a definitive, all-stock agreement to merge with private fusion firm TAE Technologies.
The company behind President Trump's Truth Social platform makes a surprising move into the energy sector.
The merger would broaden Trump Media’s holdings into the nascent fusion power space while data centers clamor for more electricity amid the ongoing AI boom.
Trump Media & Technology Group, the social media and crypto company part owned by President Trump, said it would help develop a “utility-scale fusio...
The parent of Truth Social will combine with TAE Technologies with the aim of bringing fusion power plants online quickly.
President Trump's media company is joining forces with a company working to commercialize fusion energy.
Trump Media is merging with a nuclear fusion company
Trump Media and Technology Group announced a merger agreement with fusion power company TAE Technologies valued at more than $6 billion.
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