Trump Media & Technology Group (TMTG) to Merge with TAE Technologies in All-Stock Deal Valued at Over $6 Billion
December 18, 2025
Trump Media & Technology Group (TMTG) and fusion-energy developer TAE Technologies (TAE) have signed a definitive all-stock merger agreement valued at more than $6 billion. The combined company is expected to pursue utility-scale fusion deployment, with site selection and construction of a first 50 MWe plant targeted for 2026, and planned leadership shared between Devin Nunes (TMTG) and Dr. Michl Binderbauer (TAE).
- Buyers
- Trump Media & Technology Group (TMTG)
- Targets
- TAE Technologies
- Industry
- Energy
- Location
- California, United States
- Transaction Type
- Buyout
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