Trump Media and TAE Technologies $6 Billion Merger

Significant Merger Between Trump Media and TAE Technologies

Trump Media & Technology Group and TAE Technologies, a leader in fusion energy, announced that they have signed a $6 billion merger agreement. This important step, approved by the boards of directors of both companies, will be executed subject to customary closing conditions expected to be completed by mid-2026.

Merger Details and Corporate Structure

After the merger, the existing shareholders of both companies are expected to own 50% of the combined entity. At the closing on December 17, 2025, TAE Technologies’ shares were valued at $53.89 per share. A nine-member board of directors will be formed for the newly created company, featuring Devin Nunes (Chairman and CEO) and Donald J. Trump Jr. from Trump Media, along with Michl Binderbauer and Michael Schwab from TAE Technologies. The identities of the remaining five independent directors will be disclosed at a later date.

A New Player in the Emerging Energy Market

Michael Schwab, founder of venture capital firm Big Sky Partners, is expected to be appointed as the chairman of the new board. Devin Nunes and Michl Binderbauer will serve as co-CEOs of the new company. Nunes will remain responsible for Trump Media’s operations, while Binderbauer will continue to manage TAE Technologies. This partnership will create one of the world’s first publicly traded fusion energy companies.

Investing in Fusion Energy

Founded in 1998, TAE is moving into a new phase focusing on bringing commercial fusion energy online. Following this merger, Trump Media will become the parent company of subsidiaries such as Truth Social, Truth+, Truth.Fi, TAE, TAE Power Solutions, and TAE Life Sciences. Construction is planned to begin in 2026 for the first large-scale fusion energy plant. In the following years, additional fusion energy plants with a capacity of 350-500 MW are also on the agenda.

Conclusion

Trump Media CEO Devin Nunes stated, “We have established a strong infrastructure to secure an online environment for free expression for Americans. Now, we are taking a significant step in revolutionary technology that will solidify America’s global energy leadership.” This merger is seen as the beginning of an exciting new era for both the media and energy sectors.