Donald Trump’s Truth Social is merging with a nuclear fusion firm backed by Google in a deal worth over $6 billion (£4.4bn). Trump Media & Technology Group (TMTG) and TAE Technologies jointly announced the deal on Thursday, calling it a game-changer to form what they claim will be one of the world’s first fusion companies traded publicly.
Fusion power, which comes from the heat of nuclear reactions, is seen by many as an answer to our long-term energy needs. If it works on a large scale, it could provide much energy with little radioactive waste. The two firms plan to start building what they call the world’s first utility-scale fusion power plant next year and hope to expand with more plants later.
The deal will give each company a 50% stake in the merged business, expected to finalize by mid-2026, pending regulatory and shareholder approval. TAE Technologies also makes technology for energy storage and power systems in batteries and electric cars. Its related company, TAE Life Sciences, works on cancer treatments and technology.
This move is a major change for Trump Media, taking it beyond social media and into energy. Devin Nunes, chairman and CEO of TMTG, said the deal is a big step toward tech that will lock in America’s place as the top energy player for years to come. He described fusion power as the biggest energy deal since the 50s, saying Trump Media could help TAE by providing funding and access to the public market.
With electricity demand rising due to AI data centers, there is renewed interest in nuclear energy. Countries and companies are rethinking how to use old reactors, extend the lifespan of current facilities, and invest in smaller, next-generation reactors.
TAE Technologies noted it has already received over $1.3 billion from major investors like Google and Goldman Sachs, funding it sees as key to making fusion energy usable on a large scale. If the merger goes as planned, it would change Trump Media’s plans, accelerate efforts to make fusion power a reality, and make the combined company a key player in global energy.
