Trump Media, the parent company of the social media platform Truth Social, announced Thursday that it is merging with nuclear fusion startup Tri Alpha Energy Technologies in a deal valued at $6 billion, marking a dramatic pivot for the media company into the future of American energy.
According to a press release announcing the agreement, the combined companies aim to build what they describe as the world’s first utility-scale fusion power plant. The project would generate electricity through nuclear fusion at an output of roughly 50 million watts, with construction expected to begin next year.
The companies said the initial plant is only the beginning. Over time, they plan to build additional fusion facilities capable of producing between 350 million and 500 million watts, signaling an ambitious long-term strategy centered on next-generation power production.
Trump Media and TAE Technologies framed the merger as a strategic move to ensure American dominance in emerging technologies. The companies said the project is designed to help “America win the A.I. revolution and maintain its global economic dominance,” positioning fusion energy as a key driver of future economic growth.
Under the terms of the deal, Trump Media will provide up to $200 million in cash to TAE Technologies at signing. An additional $100 million would be provided after TAE files required public disclosures related to company stock trades.
The announcement comes at a critical moment for Trump Media. Prior to the merger news, the company’s stock had fallen more than 75 percent since the beginning of the year. Following the announcement, shares surged roughly 33 percent, reflecting renewed investor interest after the company revealed its aggressive expansion into the energy sector.
While Trump Media has previously adjusted its business strategy, the fusion deal represents its most significant shift to date, moving far beyond digital media and into advanced energy infrastructure.
Former Rep. Devin Nunes of California, now CEO of Trump Media, described the merger as an extension of the company’s “America First” mission. Speaking on a conference call with investors, Nunes said the partnership aligns with the company’s broader vision for national strength and technological leadership.
“Fusion power will be the most dramatic energy breakthrough since the onset of commercial nuclear energy in the 1950s,” Nunes said in a statement. He argued the technology could lower energy prices, expand supply, secure America’s advantage in artificial intelligence, revive domestic manufacturing, and strengthen national defense.
“TMTG brings the capital and public market access to quickly move TAE’s proven technology to commercial viability,” Nunes added.
The move comes as President Donald Trump continues to emphasize what he has called an “energy revolution” during his second term, with a renewed focus on oil, gas, and coal production nationwide. While the administration has largely avoided traditional green energy initiatives, the fusion project represents a different approach—one rooted in technological dominance rather than environmental messaging.
Despite decades of research, there are currently no commercial power plants producing electricity through nuclear fusion, underscoring both the ambition and the risk of the venture.
TAE Technologies CEO Michl Binderbauer expressed confidence in the company’s progress. “At TAE, recent breakthroughs have prepared us to accelerate capital deployment to commercialize our fusion technology,” Binderbauer said. He added that the company is eager to select a site and begin deploying what he called a revolutionary technology capable of transforming America’s energy supply.
If successful, the merger would place Trump Media at the center of one of the most ambitious energy experiments in modern history, signaling a bet that fusion power could redefine America’s economic and technological future.
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