Trump Media and Technology Group, the parent company of Truth Social, announced on Monday that it is merging with private nuclear fusion company TAE Technologies in a deal valued at approximately $6 billion. The merger, aimed at repositioning the struggling media firm into energy infrastructure, is expected to close by mid-2026.
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The combined company plans to begin construction on a utility-scale fusion power plant later this year, with a projected output of 50 megawatts—enough to power roughly 15,000 homes. TAE CEO Michl Binderbauer will serve as co-CEO alongside Devin Nunes from Trump Media. Binderbauer stated that the company is targeting “first power” by 2031 and described the project as a step toward deploying “revolutionary technology” to help the U.S. compete in the AI-driven global economy.
Trump Media just announced a $6B merger with TAE Technologies, a NUCLEAR FUSION company.
Waittttt a second now… a top MIT nuclear FUSION scientist was shot dead at his home just days ago prior to the merger.
Let’s take a closer look:
-> MIT physics and fusion expert Nuno F.G.… pic.twitter.com/wi3Bpu6ELP
— Masha (@mashaweb3) December 18, 2025
Nuclear fusion mimics the processes that power the sun and promises nearly limitless, clean energy without the radioactive waste or meltdown risks associated with nuclear fission. However, no company has yet generated commercial-scale electricity from fusion, and the technology remains expensive compared to solar or wind power.
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The announcement caused Trump Media shares, which have fallen roughly 70% this year, to surge more than 20%. TAE Technologies, founded in 1998, counts investors including Google and Goldman Sachs.
The merger positions the new entity as one of the first publicly traded nuclear fusion companies, joining a competitive landscape that includes Helion Energy, backed by Sam Altman, which aims to supply fusion-generated electricity to Microsoft data centers by 2028.