Trump Media & Technology Group is merging with TAE Technologies in an all-stock deal valued at over $6 billion, creating one of the first publicly traded nuclear fusion-focused companies.

Michael B. Schwab of Big Sky Partners is expected to become chairman of a planned nine-member board overseeing the merger.

CEO Michl Binderbauer and Trump Media’s Devin Nunes call the venture a game-changing path to transform America’s energy supply and bolster AI leadership, manufacturing revival, and national defense.

Disclaimer notes accompany the story, stating the article reflects the author’s opinion and is not investment advice.

The piece includes caveats that fusion remains unproven, with quotes from Nunes highlighting potential impacts and benefits.

Regulatory and legal gray areas are noted, including possible access to support grants, loans, and permit approvals.

Political backing could influence fusion development, with connections drawn to broader political and economic activity.

Industry observers flag potential conflicts of interest and the broader context of fusion funding and government involvement.

The article is breaking news and advises readers to refresh for updates.

Industry groups stress fusion’s potential benefits but emphasize high R&D costs and hurdles, as seen in large projects like ITER.

Forward-looking statements in the press release warn of risks and uncertainties, including regulatory approvals, market conditions, and commercialization timelines.

Historical context notes that fusion milestones are limited, with ignition achieved in 2022 but no net energy gain yet, illustrating the gap to commercial viability.