Trump Media to Merge With Fusion Power Firm TAE Technologies in $6 Billion Deal

Trump Media & Technology DJT 9.76%increase; green up pointing triangle Group agreed to merge with an Alphabet-backed fusion energy company in a merger valued at $6 billion, seeking to capitalize on the artificial-intelligence boom’s growing power requirements.

The all-stock transaction for TAE Technologies values each share of TAE stock at $53.89, but TAE is a privately held company, making the total value of its portion of the deal unclear. Trump Media, which has a market capitalization of around $2.9 billion, would provide $200 million in cash to TAE at the deal’s closing, expected in mid-2026, the company said.