Trump Media To Merge With Nuclear Fusion Startup

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e=this;e._store.resetNewCount(),e._view.updateBadgeNode(e._badgeNode),M(e._badgeNode,e._config.badge.hideClass)}},{key:"_showIndicator",value:function(){this._indicatorNode&&(this._store.getNotifications().newCount?M(this._indicatorNode,this._config.panel.indicatorClass):I(this._indicatorNode,this._config.panel.indicatorClass))}},{key:"_showBadge",value:function(){var e=this;e._store.getNotifications().newCount?I(e._badgeNode,e._config.badge.hideClass):M(e._badgeNode,e._config.badge.hideClass)}}]),e}(),F={promos:{eligibleBodyClass:"display-push-promos",enableNotifOnboard:!0,bypassEligibleClassCheck:!1,notifOnboardBtnLabel:"Notify Me",notifOnboardMsg:"Get alerts for breaking news and top stories",promoLogo:"https://s.yimg.com/cv/apiv2/ae/news/circle_bell.png",showYahooLogo:!0,subscriptionTopic:"gondor_homerun_news"},badge:{hideClass:"",maxCount:5,selector:""},panel:{emptyPanelMsg:"You have no new 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(NYSE:DJT) entered the nuclear fusion race after it agreed to buy California-based fusion startup TAE Technologies in a $6-billion merger, creating one of the world's first publicly traded nuclear fusion companies. The merger is structured as an all-stock transaction whereby shareholders of both companies will each own roughly 50% of the new entity with the deal expected to close in mid-2026. TMTG agreed to provide TAE Technologies with up to $200 million in cash upon signing and an additional $100 million upon filing regulatory documents. The combined company will be led by co-CEOs Devin Nunes (current CEO of TMTG) and Michl Binderbauer (CEO of TAE), with Donald Trump Jr. also slated to join the board.Founded in 1998, TAE Technologies aims to deploy commercial, utility-scale fusion energy. The company plans to commence construction of its first fusion power plant in 2026, expected to generate 350-500 MWe. TAE Technologies has raised more than $1.3 billion thanks to backing by high-profile investors, including Google, Chevron Corp.’s (NYSE:CVX) Chevron Technology Ventures, Goldman Sachs and Sumitomo Corporation of America. The fusion startup plans to employ neutral particle beams and magnets in its fusion reactors instead of standard lasers.Related: Is This The No.1 Way To Play the Rare Earth Crisis?However, Trump Media will not become the first fusion company to go public, with those bragging rights going to a special-purpose acquisition company (SPAC). Back in January, Canada’s General Fusion announced a merger with Spring Valley Acquisition Corp. III (NASDAQ: SVAC), with the merged entity effectively becoming the first publicly traded nuclear fusion company. The deal values General Fusion at approximately $1 billion, and is expected to close in Q2 2026, establishing it as a pure-play fusion energy firm. Interestingly, Trump Media itself went public via a SPAC after it merged with Digital World Acquisition Corp. (DWAC), a blank-check company, with the merger approved in 2024. Other than Chevron, scores of other energy companies are also betting on nuclear fusion, with Canada’s Cenovus Energy (NYSE:CVE) backing General Fusion while Italy’s Eni S.p.A. (NYSE:E) has invested in Massachusetts-based Commonwealth Fusion Systems.Various fusion companies are pursuing different fusion reactor designs. Last year, TAE unveiled "Norm," its sixth-generation research machine. Norm successfully demonstrated the ability to form and stabilize plasma using only neutral beam injection (NBI), a breakthrough that reduces reactor size and cost by up to 50%. Unlike the doughnut-shaped Tokamaks, TAE's reactors are linear and more compact. TAE is also developing Hydrogen-Boron aneutronic fuel that produces no neutrons, radioactive waste, or carbon emissions.  Because the reaction products are charged alpha particles (helium nuclei), their energy can potentially be converted directly into electricity without the need for steam turbines.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersBTC-USD Bitcoin USD 66,344.52 -2,206.30 (-3.22%)XOM Exxon Mobil Corporation 160.78 -8.88 (-5.23%)CL=F Crude Oil May 26 109.23 +9.11 (+9.10%)GSAT Globalstar, Inc. 68.53 +2.11 (+3.18%)PSX Phillips 66 175.64 -6.54 (-3.59%)PortfolioSign in to access your portfolioSign inTop gainersRGC Regencell Bioscience Holdings Limited 33.72 +8.29 (+32.60%)CAR Avis Budget Group, Inc. 170.07 +24.40 (+16.75%)KOD Kodiak Sciences Inc. 42.81 +4.69 (+12.30%)FSLY Fastly, Inc. 32.36 +3.30 (+11.36%)CSTM Constellium SE 27.32 +2.74 (+11.15%)Top losersRH RH 112.85 -26.97 (-19.29%)AXTI AXT, Inc. 47.14 -9.84 (-17.27%)NKE NIKE, Inc. 44.63 -8.19 (-15.51%)SOC Sable Offshore Corp. 14.70 -1.82 (-11.02%)LW Lamb Weston Holdings, Inc. 38.48 -3.78 (-8.94%)Most activeNVDA NVIDIA Corporation 175.75 +1.30 (+0.75%)INTC Intel Corporation 48.03 +3.90 (+8.84%)NKE NIKE, Inc. 44.63 -8.19 (-15.51%)SNAP Snap Inc. 4.9000 +0.3000 (+6.52%)MU Micron Technology, Inc. 367.85 +30.18 (+8.94%)Top economic eventsEarnings eventsMy earnings eventsEarnings events