Trump Media & Technology Group to Merge with TAE Technologies in $6 Billion Deal
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Trump Media & Technology Group Corp. and TAE Technologies, Inc. have agreed to merge in an all-stock transaction valued at over $6 billion. The merger will combine Trump Media's digital platforms with TAE's fusion power technology, aiming to construct a utility-scale fusion power plant by 2026. Leadership will be shared between Nunes and Binderbauer, with Schwab expected as board chair. The deal is set to close in mid-2026, pending customary conditions.
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