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The Guardian - US
The Guardian - US
Business
Callum Jones and agencies

Trump Media announces $6bn merger plan with fusion power company

Trump Media TMTG TAE United States TAE Technologies Devin Nunes Donald Trump Truth Social Dan Ives
a man in a suit uses a phone in a helicopter
Donald Trump on Marine One on 24 April 2025. Photograph: Alex Wroblewski/AFP via Getty Images

Donald Trump’s loss-making social media business has announced plans to merge with a fusion power company.

Trump Media and Technology Group, owner of the US president’s minnow Truth Social platform, unveiled an extraordinary merger worth more than $6bn with TAE Technologies, combining its social media operation with a vast bet on the AI boom driving a surge in energy demand.

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