tech
December 18, 2025
Trump Media announces $6bn merger plan with fusion power company
TMTG, which owns president’s Truth Social platform, unveils link-up TAE Technologies to respond to AI boom
TL;DR
- Trump Media and Technology Group (TMTG) is merging with TAE Technologies.
- The merger is valued at over $6 billion.
- TMTG aims to build 'the world’s first utility-scale fusion power plant' next year.
- The goal is to use fusion power to supply energy for AI data centers.
- TAE Technologies is backed by Google and Chevron.
- Nuclear fusion aims to generate electricity with abundant energy and no pollution.
- TMTG has experienced financial struggles with its Truth Social platform.
- The combined entity will have Devin Nunes (TMTG) and Michl Binderbauer (TAE) as co-CEOs.
- Analysts suggest the focus will shift to TAE's fusion technology.
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