Trump Media and Technology Group, the parent company of Truth Social, is merging with private nuclear fusion firm TAE Technologies in a deal valued at around six billion dollars. The merger marks a strategic shift for the struggling media company toward energy infrastructure, with a stated goal of supporting America’s leadership in the artificial intelligence sector.
The merger is expected to close by mid-2026, creating one of the world’s first publicly traded nuclear fusion companies. The combined company plans to begin construction on a utility-scale fusion power plant later that year, aiming to generate 50 megawatts of energy, enough to supply electricity to approximately 15,000 homes.
TAE Technologies CEO Michl Binderbauer will serve as co-CEO alongside Devin Nunes from Trump Media. Binderbauer told investors that the company is targeting its first operational power generation by 2031, emphasizing plans to identify a site and begin deploying the fusion technology. Nuclear fusion, which replicates the process powering the sun, offers the potential for limitless clean energy without the radioactive waste or meltdown risks associated with fission.
Despite its promise, nuclear fusion faces significant technical and economic challenges. No company has yet successfully built a reactor that reliably generates commercial electricity, and current costs remain higher than solar or wind energy solutions.
Following the announcement, shares of Trump Media, down roughly 70 percent this year, surged over 20 percent. TAE Technologies, founded in 1998 and backed by investors including Google and Goldman Sachs, is now positioned in the growing global competition for fusion energy. Helion Energy, supported by Sam Altman, has pledged to supply fusion electricity to Microsoft data centers by 2028, highlighting the rapidly evolving race in advanced energy technologies.
