Trump Media to Merge with Fusion Power Firm TAE Technologies in $6 Billion Deal
Trump Media & Technology Group (DJT) is set to merge with fusion power firm TAE Technologies in an all-stock deal valued at $6 billion. Under the agreement, Trump Media will provide TAE with $200 million at signing and an additional $100 million upon filing of an S-4, totaling up to $300 million.
The merger aims to establish the world's first utility-scale fusion power plant, with plans to site and begin construction in 2026. The combined company is expected to be completed by mid-2026, pending customary closing conditions.
Shareholders of each company will own approximately 50% of the merged entity. Leadership will include TAE CEO Michl Binderbauer and Trump Media officials Devin Nunes and Donald Trump Jr., who will serve on the combined board.
Yorkville Securities acted as the lead financial and M&A advisor for the deal. Yorkville previously helped Trump Media raise $2.5 billion to acquire Bitcoin and is also engaged with plans for a $6 billion digital asset treasury firm alongside Crypto.com, focused on the CRO token.
