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Trump Media & Technology Group agrees to merge with TAE in an all-stock deal valued at over $6B
Trump Media & Technology Group and TAE Technologies announced an all-stock merger valued at over $6B, with each company's shareholders owning about half. TMTG committed up to $300M in cash, and the combined company plans to site a 50 MWe fusion plant and pursue larger plants of 350-500 MWe.
- Deal valued at over $6 billion in an all-stock transaction.
- TMTG contributes up to $200M cash at signing, plus $100M upon S-4 filing.
- Combined company aims to site and commence first 50 MWe plant in 2026.
- Expected closing mid-2026, subject to shareholder and regulatory approvals.