Trump Media to Invest $6 Billion in Fusion Energy Company TAE Technologies

TLDR

• Trump Media & Technology Group is putting $6 billion into fusion firm TAE Technologies, marking the first ever instance of fusion investment entering public markets.
• The merged company intends to start building a fusion plant this year, aiming for 50 megawatts of output and to generate electricity by 2031.
• Before the deal, TAE was grappling with a funding shortage; it had raised nearly $1.4 billion since 2000 but required several billion more for its next reactor.
• Trump Media is also looking into spinning off Truth Social into a separately traded company after the merger is finalized.
• Board member Robert Lighthizer resigned, with the departure effective March 6, 2026, though the company stated the move was not tied to any dispute.

(SeaPRwire) –   Trump Media & Technology Group (DJT) agreed in December to merge with private fusion company TAE Technologies in a $6 billion deal. This transaction would introduce fusion energy investment to public markets for the first time.

Trump Media & Technology Group Corp., DJT

Headquartered in Foothill Ranch, California, TAE has been developing fusion technology since 1998. The company’s latest research reactor, nicknamed “Norm,” is a 40-foot device. CEO Michl Binderbauer says this reactor has convinced the team it can construct a commercial power plant.

The combined entity plans to begin construction this year on a fusion facility that will eventually scale to 50 megawatts of output—enough to power tens of thousands of homes. The goal is to start generating electricity by 2031.

No fusion system has yet consistently produced more energy than it uses.

Before the deal, TAE was facing a capital shortage. The firm had raised nearly $1.4 billion since 2000—one of the largest totals in the fusion sector—but needed several billion more to build its next-stage reactor. Longtime backer Michael Schwab noted that investor commitments had been falling through.

The merger will provide TAE with up to $200 million at the time of signing and an additional $100 million when regulatory documents are filed.

Trump Media CEO Devin Nunes and TAE CEO Binderbauer will serve as co-CEOs of the merged company. Schwab is set to become chairman once the deal is completed.

TAE’s Technology and the Path Forward

TAE employs a field-reversed configuration reactor. It uses neutral hydrogen particle beams to heat and spin plasma, creating a stable magnetic field. The company ultimately aims to fuse hydrogen and boron—a combination that requires hotter plasma than competing methods but avoids radioactive waste.

Critics point out that TAE’s fuel choice presents a greater physics challenge. At the extreme temperatures needed, plasma radiates energy and cools quickly. George Tynan, a nuclear science professor at MIT, compared it to heating a mountain cabin during a blizzard with the windows open.

Former Energy Secretary Ernest Moniz, who sits on TAE’s board, acknowledged the risks but expressed cautious confidence in the team’s approach.

Truth Social Spin-Off Under Consideration

Separately, Trump Media has revealed it is evaluating a spin-off of Truth Social into its own publicly traded company. This potential separation would be structured as part of the broader TAE merger transaction.

If it goes ahead, shareholders could receive stakes in a separately listed social-media business, leaving the parent company with energy and other assets.

Another notable development is the resignation of Robert Lighthizer from Trump Media’s board, effective March 6, 2026. The company stated the departure was not related to any disagreement with management.

DJT’s stock continues to trade well below its earlier meme-driven highs. The company still reports limited revenue and significant losses, making traditional valuation challenging.

Following the merger announcement, Wedbush analyst Dan Ives noted that TAE “will clearly have strong political support from President Trump,” while ethics experts raised concerns about potential conflicts given fusion’s likely need for federal funding.

Nunes dismissed these concerns, stating the company is not seeking special treatment.