Trump Media is merging with fusion power company TAE Technologies in $6B+ deal [TechCrunch]
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Source: TechCrunch
Southern California-based company that has been chasing the dream of fusion power for nearly 30 years. The all-stock transaction, valued at more than $6 billion, would expand Trump Media's presence into the nascent fusion power space while data centers clamor for more electricity amid the ongoing AI boom. TMTG is the parent company of Truth Social, the microblogging platform that the president spun up after he was banned from platforms like YouTube, Twitter, and Facebook in the wake of the January 6 attacks on the U.S. Capitol. At launch , the president called it “a rival to the liberal media consortium,” and said he wanted to “fight back against the Big Tech companies.” TMTG went public last year via a merger with a special-purpose acquisition company (SPAC), a technique used to go public by private companies that want to raise money quickly but aren't yet mature enough to take the traditional IPO route. In the quarter ended September 30, 2025, TMTG reported that it recorded a
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