Trump Media & Technology Group Corp. (DJT) and its merger partner TAE Technologies have begun a formal search for a location to build the company’s first commercial fusion power plant. The two firms will evaluate sites that are at least 20 acres, have grid connectivity, and are near a metropolitan area with a skilled labor pool, positioning the project for rapid development once regulatory approvals are secured.
The partnership is underpinned by TAE’s beam‑driven fusion technology, which has attracted more than $1.3 billion in equity from investors such as Chevron, Google and Goldman Sachs. DJT’s stake in the venture comes through a merger valued at over $6 billion, creating a 50/50 ownership structure that gives the media company direct access to fusion expertise and capital. TAE’s CEO, Dr. Michl Binderbauer, said the company aims for first power generation by 2031, a milestone that would place the joint venture among the first publicly traded fusion companies.
DJT’s core social‑media business has been in decline, with Q1 2025 revenue of $0.97 million, a net loss of $54.81 million and earnings per share of –$0.20. Gross margin fell 35% year‑over‑year and 13% quarter‑over‑quarter, reflecting pricing pressure and higher operating costs. The company’s treasury includes roughly $2 billion in bitcoin and related securities, part of a broader $3 billion liquid asset base that it has used to support operations and strategic initiatives.
The move into fusion energy represents a strategic pivot designed to diversify DJT’s revenue base and mitigate the risks of its struggling media segment. Management has framed the partnership as a “renaissance in American energy,” emphasizing the potential for clean, abundant power to meet growing demand from data centers and AI workloads. By leveraging TAE’s technology and its own capital, DJT seeks to create a new, high‑growth revenue stream that could offset losses in its core business.
Following the announcement, DJT’s stock experienced a positive market reaction, with shares rising over 20% after the news and trading at $14.68 in pre‑market sessions. Investors responded to the clear shift toward a high‑growth, low‑carbon industry and the tangible partnership structure that gives DJT a foothold in fusion energy.
Regulatory approval will be required from federal and state agencies before construction can begin, with the company targeting a 2026 start date. The project’s timeline will depend on permitting, grid interconnection agreements, and the completion of detailed engineering studies. If successful, the plant could generate significant revenue and position DJT as a pioneer in the emerging fusion market.
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