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Trump Announces Merger With Fusion Firm TAE Technologies
Posted By: RumorMail Date: Monday, 22-Dec-2025 10:44:05
www.rumormill.news/263097
AI Synopsis
TAE Technologies is currently merging with Trump Media & Technology Group (TMTG) in a deal expected to close in mid-2026, making the combined entity publicly traded, with both TMTG and TAE shareholders owning roughly 50% of the new company. Before the merger, TAE was a private company backed by major investors like Google and Chevron, while TMTG, parent of Truth Social, is majority owned by Donald Trump.
Key Points on Ownership & Merger:
Combined Entity: Upon completion, TMTG will become the holding company for Truth Social, TAE Technologies, TAE Power Solutions, and TAE Life Sciences.
Shared Ownership: Shareholders from both companies will split ownership evenly (around 50/50) in the new public company.
Trump's Role: Donald Trump, through his trust, is the largest stakeholder in TMTG and will remain involved, with Donald Trump Jr. on the board, notes ABC News and CNN.
Prior Investors: Before the merger, TAE received significant funding from major tech and energy firms, including Google, Chevron, Microsoft, and Charles Schwab
Trump Announces Merger With Fusion Firm TAE Technologies
Article
By World Nuclear News
Trump Media & Technology Group – the social media firm majority, Truth Social - owned by US President Donald Trump – and US private fusion energy company TAE Technologies have announced an agreement to merge in a transaction valued at more than USD6 billion.
https://www.eurasiareview.com/22122025-trump-media-announces-merger-with-fusion-firm-tae-technologies/
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