**Trump Media & Technology Group to Merge with Fusion Reactor Startup TAE Technologies in $6 Billion All-Stock Deal**
Trump Media & Technology Group Corp. (commonly referred to as TMTG) today announced plans to merge with TAE Technologies Inc., a startup specializing in the development of fusion reactors. The all-stock transaction is valued at $6 billion, with ownership of the combined company set to be evenly split between the shareholders of both TAE and TMTG.
U.S. President Donald Trump indirectly holds a majority stake in TMTG. The company went public last March via a merger with a special purpose acquisition company (SPAC). TMTG operates the Truth Social social network and manages a $2.5 billion fund investing in digital assets such as Bitcoin.
Despite its assets, TMTG has faced financial challenges, reporting a net loss of $54.8 million last quarter on net sales of just $972,900. Similarly, Foothill Ranch, California-based TAE Technologies is also unprofitable, having lost $54.8 million in the third quarter, but it holds $166 million in cash reserves.
The planned merger is expected to provide TAE with access to TMTG’s substantial $3.1 billion balance sheet, significantly extending the fusion startup’s financial runway and supporting its ambitious development goals.
### About TAE Technologies and Its Fusion Reactor Technology
TAE Technologies is developing fusion reactors based on an advanced beam-driven field-reversed configuration system. This approach involves powering the reactor with multiple particle accelerators. According to TAE, its accelerator-driven architecture and other innovations offer advantages over traditional fusion reactor designs.
Unlike standard nuclear reactors, which generate power through nuclear fission (splitting atomic nuclei), fusion energy is produced by fusing two light atomic nuclei into a heavier one. The resulting heavier nucleus has slightly less mass than its components, and this mass difference is converted into energy—the fundamental principle behind fusion power.
Currently, commercial fusion power generation remains a challenge due to significant technical limitations, primarily the difficulty of fusing atomic nuclei which naturally repel each other. Fusion reactors must replicate sun-like conditions within their reaction chambers to overcome this obstacle.
TAE’s reactor uses fuel composed of hydrogen and boron. The process involves converting the fuel into plasma—a cloud of charged particles—held in place by a powerful magnetic field. Unlike some fusion designs that rely exclusively on magnets for containment, TAE’s approach leverages the hydrogen-boron plasma itself to generate a magnetic field, reducing dependency on external magnets.
The system is further stabilized by an array of particle accelerators that inject energetic particles into the plasma to maintain the magnetic containment field. These accelerators are supported by power management systems capable of delivering 750 megawatts of electricity in under a millisecond.
### Expansion Into Medical Applications
In 2017, TAE spun off a subsidiary called TAE Life Sciences to explore medical applications of its particle accelerator technology. This unit is developing a compact particle accelerator designed for hospital installation in radiation therapy.
Earlier this month, TAE Life Sciences partnered with the UK Atomic Energy Authority to commercialize this medical technology, marking an important step towards practical healthcare applications.
### Future Plans and Outlook
TMTG and TAE Technologies expect to complete their merger by mid-2026. Around the same time, TAE plans to commence construction of a 50-megawatt fusion power plant. Further down the line, the company aims to bring up to 500 megawatts of additional fusion capacity online, advancing closer toward viable commercial fusion energy.
This merger represents a significant development at the intersection of emerging media and advanced clean energy technologies, potentially shaping both sectors in the years to come.
https://siliconangle.com/2025/12/18/trump-media-merge-fusion-energy-startup-tae-6b-stock-deal/