Trump Media & Technology Group (DJT) has surprised Wall Street after deciding to transition from social media into the world of clean energy. On Thursday, shares of the Truth Social parent skyrocketed 42% to close at $14.86 following the announcement of an all-stock merger with TAE Technologies, a Google-backed (GOOGL) leader in nuclear fusion.
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The merger, valued at more than $6 billion, aims to transform the combined entity into a premier energy provider for the artificial intelligence revolution. While the stock remains down significantly from its 2024 peaks, this nuclear rally has single-handedly restored hundreds of millions of dollars to the Trump family’s paper net worth in a single day.
The Truth Social Parent Secures a $6B Fusion Energy Deal
The merger marks one of the most unexpected strategic shifts in corporate history, as Trump Media moves to acquire TAE Technologies and its portfolio of over 1,600 patents.
Under the terms of the deal, shareholders from both companies will each own roughly 50% of the new combined company. The “new” Trump Media will be led by Co-CEOs Devin Nunes and Michl Binderbauer, with a mission to deploy “aneutronic” fusion reactors. These reactors are designed to produce power without the long-lived radioactive waste associated with traditional nuclear plants. This offers a potentially cleaner solution for the world’s growing energy needs.
Trump Family Trust Gets a $500 Million Windfall
The stock’s 42% vertical move added approximately $507 million to the value of the 114.75 million shares held in a revocable trust for President Donald Trump. Managed by Donald Trump Jr., the family’s stake rose from roughly $1.20 billion on Wednesday to $1.71 billion by Thursday’s closing bell. This surge provides a massive financial cushion for the company, which recently faced “delisting jitters” and scrutiny over its failed $2 billion Bitcoin treasury experiment that soured earlier in the year. The recovery proves that investors are willing to bet on the “Trump brand” when it attaches itself to high-growth sectors like AI infrastructure.
The Aim Is to Scale Fusion Plants to Fuel the AI Infrastructure Race
The combined company is positioning itself as the “energy backbone” for American AI dominance. According to the filing, the firm plans to begin construction on a 50-megawatt (MWe) utility-scale fusion power plant as early as 2026. This prototype is intended to prove the commercial viability of TAE’s “field-reversed configuration” (FRC) technology before scaling to larger plants capable of producing 350 to 500 MWe.
By targeting the massive electricity demands of hyperscale data centers owned by firms like Google (GOOGL) and Microsoft (MSFT), Trump Media hopes to solve the primary bottleneck currently slowing the growth of artificial intelligence, which is the desperate need for massive, reliable power.