{"id":61596,"date":"2025-12-20T16:00:25","date_gmt":"2025-12-20T16:00:25","guid":{"rendered":"https:\/\/dailyfinancereports.com\/index.php\/2025\/12\/20\/trump-media-to-merge-with-nuclear-fusion-company\/"},"modified":"2025-12-20T16:00:25","modified_gmt":"2025-12-20T16:00:25","slug":"trump-media-to-merge-with-nuclear-fusion-company","status":"publish","type":"post","link":"https:\/\/dailyfinancereports.com\/index.php\/2025\/12\/20\/trump-media-to-merge-with-nuclear-fusion-company\/","title":{"rendered":"Trump Media to merge with nuclear fusion company"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"533\" src=\"https:\/\/godzillanewz.com\/wp-content\/uploads\/2025\/12\/240326-trump-truth-social-ch-1018-043551-800x533.jpg\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"\"><\/p>\n<p class=\"body-graf\">Trump Media &amp; Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion.<\/p>\n<p class=\"body-graf\">Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company with TAE Technologies CEO Michl Binderbauer.<\/p>\n<div><\/div>\n<p class=\"body-graf\">Shares of Trump Media &amp; Technology, the parent company of President Donald Trump\u2019s Truth Social media platform, have tumbled 70% this year but jumped 20% before the opening bell Thursday.<\/p>\n<p class=\"body-graf\">TAE is a private company and the merger with Trump Media would create one of the first publicly traded nuclear fusion companies.<\/p>\n<p class=\"body-graf\">\u201cWe\u2019re taking a big step forward toward a revolutionary technology that will cement America\u2019s global energy dominance for generations,\u201d Nunes said in a prepared statement.<\/p>\n<p class=\"body-graf\">TAE focuses on nuclear fusion, a technology that combines two light atomic nuclei to form a single heavier one. It releases enormous amount of energy, a process that occurs on the sun and other stars, according to the United Nation\u2019s International Atomic Energy Agency.<\/p>\n<p class=\"body-graf\">TAE and Trump Media shareholders will each own approximately 50% of the combined company.<\/p>\n<p class=\"body-graf\">The companies say the transaction values each TAE common stock at $53.89 per share.<\/p>\n<p class=\"endmark body-graf\">At closing, Trump Media &amp; Technology Group will be the holding company for Truth Social and TAE, along with its subsidiaries TAE Power Solutions and TAE Life Sciences.<\/p>\n<\/p>\n<div>This post appeared first on NBC NEWS<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Trump Media &amp; Technology will merge with a fusion power company in an all-stock deal&hellip;<\/p>\n","protected":false},"author":0,"featured_media":61597,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,5],"tags":[],"class_list":["post-61596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-editors-pick"],"_links":{"self":[{"href":"https:\/\/dailyfinancereports.com\/index.php\/wp-json\/wp\/v2\/posts\/61596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyfinancereports.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyfinancereports.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyfinancereports.com\/index.php\/wp-json\/wp\/v2\/comments?post=61596"}],"version-history":[{"count":0,"href":"https:\/\/dailyfinancereports.com\/index.php\/wp-json\/wp\/v2\/posts\/61596\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyfinancereports.com\/index.php\/wp-json\/wp\/v2\/media\/61597"}],"wp:attachment":[{"href":"https:\/\/dailyfinancereports.com\/index.php\/wp-json\/wp\/v2\/media?parent=61596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyfinancereports.com\/index.php\/wp-json\/wp\/v2\/categories?post=61596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyfinancereports.com\/index.php\/wp-json\/wp\/v2\/tags?post=61596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}