Advertisement|Remove ads.

Trump Media & Technology Group Corp. (DJT) has agreed to merge with advanced power developer TAE Technologies in an all-stock deal valued at over $6 billion.
The newly combined company has announced plans to secure a site and begin construction of its first utility-scale fusion plant in 2026.
Under the terms of the agreement, shareholders of both companies will own roughly half of the new enterprise on a fully diluted basis, with TMTG contributing cash and strategic capital to support early development.
As part of the deal, TMTG has agreed to provide up to $200 million in cash at signing to fund development efforts, with an additional $100 million contingent on future filings. The merger is expected to be completed in mid-2026.
Following the merger announcement, Trump Media & Technology stock traded over 31% higher in Thursday’s premarket and was the most-trending equity ticker on Stocktwits. Retail sentiment around the stock remained in ‘bullish’ territory, and message volume shifted to ‘normal’ from ‘low’ levels in 24 hours.
This initial fusion plant facility is designed for 50 megawatts of electric capacity, with future plants expected to reach between 350 and 500 megawatts.
The companies stated that the merger could bolster U.S. energy independence and support competitiveness in artificial intelligence and high-performance computing sectors that demand reliable power.
“Trump Media & Technology Group built uncancellable infrastructure to secure free expression online for Americans, and now we’re taking a big step forward toward a revolutionary technology that will cement America’s global energy dominance for generations.”
-Devin Nunes, Chairman and CEO, TMTG
Upon completion of the merger, Devin Nunes and Michl Binderbauer, TAE’s CEO and director, will serve as co-chief executives of the new company.
Commenting on the deal, Dan Ives, managing director at Wedbush Securities, said, “AI Arms Race underway and nuclear energy front end center for Big Tech. This will be the US key play on nuclear fusion.”
DJT stock has declined by over 70% in the last 12 months.
Also See: Why Baird Sees Rivian’s Next SUV And Autonomy Push Driving A 40% Rally
For updates and corrections, email newsroom[at]stocktwits[dot]com.