Finance News

Trump Media to merge with fusion power company TAE Technologies in $6


Kevin Dietsch | Getty Images

Trump Media and Technology Group on Thursday announced a merger agreement with TAE Technologies, a fusion power company, valued at more than $6 billion.

The all-stock deal, expected to close in mid-2026, will result in shareholders of each firm owning approximately half of the combined company.

The merger would create “one of the world’s first publicly traded fusion companies,” according to a press release.

The announcement shows Trump Media, which operates President Donald Trump‘s Truth Social platform, branching out even further following its expansion into the financial services sector early this year.

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Read More: Trump Media to merge with fusion power company TAE Technologies in $6

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