In a bold and unexpected strategic shift, the company behind former US President Donald Trump's Truth Social platform has announced a multi-billion dollar merger with a pioneering nuclear fusion firm. The deal aims to create one of the first publicly traded entities in the fusion energy sector.
A $6 Billion Bet on Fusion Energy
Trump Media & Technology Group (TMTG) has unveiled plans to merge with privately-held TAE Technologies in a transaction valued at $6.0 billion (£4.5 billion). The surprise move, announced on Thursday 18 December 2025, signals a dramatic pivot from social media to advanced energy technology.
The merged entity plans to construct what it calls "the world's first, utility-scale, fusion power plant" as early as next year. A primary stated goal is to harness the revolutionary power source for the enormous energy demands of artificial intelligence datacentres.
Structure and Leadership of the New Venture
Under the terms of the agreement, shareholders of Trump Media and TAE Technologies will each own approximately 50% of the combined company. Upon completion, TMTG will become the holding company for both Truth Social and TAE, along with its subsidiaries TAE Power Solutions and TAE Life Sciences.
The tie-up values each TAE share at $53.89 (£40.14). Leadership will be shared, with Devin Nunes, the former Republican congressman who resigned in 2021 to become CEO of Trump Media, serving as co-chief executive alongside Michl Binderbauer, the current head of TAE Technologies.
Mr Nunes framed the merger as a pivotal moment for American energy independence, stating: "We're taking a big step forward toward a revolutionary technology that will cement America's global energy dominance for generations."
The Science and Backing Behind TAE
TAE Technologies specialises in nuclear fusion, the process of combining two light atomic nuclei to form a heavier nucleus, releasing vast amounts of energy—the same process that powers the sun. Unlike nuclear fission, fusion promises abundant, clean energy with minimal long-lived radioactive waste.
The firm boasts significant financial backing from major industry players, including Alphabet's Google and the oil giant Chevron. This merger effectively brings substantial Silicon Valley and traditional energy investment into the public markets via the Trump Media shell.
This landmark deal represents a high-stakes gamble on bringing commercially viable fusion power from the laboratory to the grid, with the burgeoning and power-hungry AI sector positioned as its first major customer.
