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Jai Hamid

Trump Media and TAE plan $6 billion all‑stock merger to build U.S. fusion power plants by 2026

On December 18 2025, Trump Media and TAE Technologies announced an all‑stock merger valued at more than $6 billion, with each company expected to hold about 50% of the combined entity once the deal closes in mid‑2026. The partners plan to begin constructing a 50 megawatt fusion power plant in 2026, while Trump Media commits up to $300 million in cash to support TAE's fusion development.