Trump Media announces $6 billion merger with fusion company TAE Technologies
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YouTubeCNBC Television
Trump Media announces $6 billion merger with fusion company TAE Technologies
Trump Media and Technology Group on Thursday announced a merger agreement with TAE Technologies, a privately held fusion power company, valued at more than $6 billion. The all-stock deal, expected to close in mid-2026, will result in shareholders of each firm owning approximately half of the combined company.
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#TrumpMedia and Technology Group on Thursday announced a merger agreement with TAE Technologies, a privately held fusion power company, valued at more than $6 billion. The all-stock deal, expected to close in mid-2026, will result in shareholders of each firm owning approximately half of the combined company. Read more at the #linkinbio or tap on your screen. #CNBC
1:29
#TrumpMedia and Technology Group on Thursday announced a merger agreement with TAE Technologies, a privately held fusion power company, valued at more than $6 billion. The all-stock deal, expected to close in mid-2026, will result in shareholders of each firm owning approximately half of the combined company. Read more at the #linkinbio or tap on your screen. #CNBC
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