Overview
- TMTG and TAE announced a merger valuing the combined company at over $6 billion with shareholders on each side expected to own roughly 50 percent, subject to regulatory and investor approval.
- Trump Media plans to contribute $300 million in cash, and the two companies’ chiefs intend to jointly lead the merged firm.
- The companies say they will select a site in 2026 and begin work on an initial fusion reactor designed to deliver about 50 megawatts, which they describe as the first industrial‑scale plant.
- Executives pitch the venture as a way to lower U.S. power costs and supply electricity for expanding artificial‑intelligence operations.
- Independent reporting notes that, despite research milestones, near‑term commercial fusion deployment is widely viewed as unlikely even as TMTG shares jumped nearly 40 percent in premarket trading after the announcement.