Trump Media Stock Jumps on $6 Billion Fusion Deal
- Major merger: President Donald Trump’s Trump Media & Technology Group announced a $6 billion all‑stock merger with fusion power company TAE Technologies.
- Fusion energy push: The combined company intends to begin construction of a utility‑scale fusion power plant in 2026.
- Stock impact: News of the deal boosted Trump Media’s beaten‑down shares, which had lost significant value earlier in 2025.
- Leadership structure: Trump Media CEO Devin Nunes and TAE CEO Michl Binderbauer will serve as co‑CEOs of the merged company.
- Strategic vision: Executives claim fusion power could lower energy costs, strengthen U.S. manufacturing, and support America’s AI‑driven economic competitiveness.
Key Takeaways
Trump Media Stock Rebounds on $6B Fusion Merger Announcement
Trump Media & Technology Group (DJT) shares had fallen nearly 70% this year heading into Thursday. However, the stock surged more than 35% in morning trading after the company, parent of Truth Social and part‑owned by President Donald Trump, announced a $6 billion all‑stock merger with privately held fusion power firm TAE Technologies. Under the agreement, shareholders of both companies will split ownership evenly, with the deal expected to close in mid‑2026.
The announcement injected fresh momentum into Trump Media’s beaten‑down shares, which had lost more than half their value in 2025 and remained far below highs seen earlier in the year around Trump’s second inauguration.
Trump Media & Technology Group, the parent company of Truth Social, has seen its shares tumble more than half their value this year, sliding even further from early‑year highs. The announcement of a $6 billion merger with fusion power company TAE Technologies sparked a sharp rebound, helping the stock recover part of its losses in morning trading.
Upon completion of the merger, the combined company announced plans to begin construction of the first utility‑scale fusion power plant in 2026. Executives emphasized that such facilities are expected to deliver abundant, dependable, and cost‑effective electricity, strengthening America’s position in the global economy and supporting its leadership in artificial intelligence innovation.
Leadership of the merged entity will be shared, with Trump Media CEO Devin Nunes and TAE Technologies CEO Dr. Michl Binderbauer serving together as co‑CEOs to guide the company’s strategic direction.
Fusion Power Deal Promises Breakthrough as Trump Media Shares Slide
Trump Media CEO Devin Nunes described fusion power as the most significant energy innovation since the rise of commercial nuclear energy in the 1950s, highlighting its potential to lower electricity costs, expand supply, strengthen America’s AI leadership, revive manufacturing, and bolster national defense. He emphasized that Trump Media & Technology Group (TMTG) provides the capital and market access needed to accelerate TAE Technologies’ proven fusion technology toward commercial viability.
Despite this bold vision, Trump Media’s stock performance underscores investor caution. Shares that debuted near $80 in March 2024 closed at just $10.47 on Wednesday, reflecting steep losses even as the company pursues transformative energy ambitions through its $6 billion merger.
