Trump Media to Merge with Fusion Energy Firm TAE Technologies

Trump Media, the media company owned by U.S. President Donald Trump, is pursuing a merger with fusion power company TAE Technologies. The move is seen as a bet on fusion technology, considered a next-generation energy source, amid surging power demand driven by the proliferation of artificial intelligence data centers.

According to the Financial Times and other outlets, the two companies announced Monday that they will pursue a merger through an all-stock transaction. The combined entity plans to begin construction of the world's first commercial fusion power plant next year, with additional plants to follow.

Under the terms of the merger, the deal is expected to close around mid-2026. Trump Media & Technology Group will become a holding company encompassing social media platform Truth Social, as well as TAE Power Solutions and TAE Life Sciences.

TAE Technologies, headquartered in the United States, is considered one of the world's oldest private fusion energy companies. The firm has attracted investment from global corporations including Google and Chevron. Fusion power harnesses energy released when atomic nuclei combine, producing virtually no radioactive waste while generating massive amounts of energy, drawing attention as a next-generation clean energy source.

The merger adds an energy sector to the Trump family's business portfolio. Analysts note the deal aligns with renewed interest in nuclear fusion energy, which offers both clean and stable power, as electricity demand grows rapidly around AI data centers.

"This is an important step toward innovative technology that will support America's global energy competitiveness over the long term," Trump Media CEO Devin Nunes said of the transaction.