Trump Media announces $6 billion merger with fusion company, sending shares higher
December 18, 2025 • 3m 21s
Kelly Evans (Anchor)
00:00.070
shares
of
trump
media
soaring
thirty
seven
percent
after
announcing
plans
and
follow
me
on
this
one
to
merge
with
the
fusion
company
a
private
one
called
TAE
technologies
that's
right
a
nuclear
fusion
company
it's
going
to
make
that
company
go
public
eamon
jabbers
is
in
Kelly Evans (Anchor)
00:14.110
washington
with
more
amon
please
explain
this
deal
to
us
hey
Eamon Javers (Senior Washington Correspondent)
00:19.230
there
kelly
yeah
the
announcement
this
morning
was
surprising
to
say
the
least
trump
media
and
technology
group
said
it
will
merge
with
an
experimental
fusion
energy
corporation
called
tae
technologies
and
an
all
stock
transaction
valued
they
say
at
more
than
six
billion
dollars
Eamon Javers (Senior Washington Correspondent)
00:34.550
shareholders
of
each
company
will
own
approximately
fifty
percent
of
the
combined
company
which
the
parties
are
calling
one
of
the
world
's
first
publicly
traded
fusion
companies
and
they
say
that
trump
media
's
hefty
balance
sheet
is
going
to
help
fuel
innovation
in
that
fusion
Eamon Javers (Senior Washington Correspondent)
00:49.390
energy
tech
the
company
says
it's
just
on
the
verge
of
commercial
application
for
its
fusion
reactors
and
it
says
it
will
now
be
led
by
co
ceos
former
congressman
devin
nunez
who
was
the
CEO
of
trump
media
and
austrian
physicist
michael
bender
bauer
who
is
the
current
CEO
of
T
A
Eamon Javers (Senior Washington Correspondent)
01:07.790
E
but
this
turns
transaction
raises
two
important
questions
kelly
first
is
fusion
technology
actually
commercially
commercially
applicable
at
all
scientists
have
been
trying
to
generate
nearly
unlimited
energy
from
fusion
power
for
decades
but
so
far
no
one
has
been
able
to
Eamon Javers (Senior Washington Correspondent)
01:23.430
create
reliable
commercial
power
that
way
and
second
how
will
a
company
that's
partly
owned
by
the
president
and
his
family
handle
all
these
potential
conflicts
of
interest
here
in
terms
of
regulatory
approvals
potential
federal
funding
and
all
the
national
security
concerns
Eamon Javers (Senior Washington Correspondent)
01:37.950
that
might
go
and
with
it
still
in
an
eight
minute
conference
call
this
morning
nunez
wasn't
shy
about
making
big
promises
that
fusion
power
will
lower
energy
prices
bolster
national
security
and
secure
energy
that's
needed
for
a
i
development
kelly
does
Kelly Evans (Anchor)
01:53.350
it
mean
on
some
level
that
DJT
as
a
media
company
ceases
to
exist
and
simply
now
becomes
those
assets
get
rolled
up
into
a
nuclear
fusion
company
which
may
or
may
not
be
successful
but
that
that
is
effectively
what
the
entity
is
now
one
and
secondly
what
remains
the
trump
family
Kelly Evans (Anchor)
02:08.870
's
interest
in
ownership
in
this
entity
Eamon Javers (Senior Washington Correspondent)
02:11.950
well
it's
going
to
be
a
social
media
nuclear
power
company
naturally
kelly
i
mean
they're
going
to
not
dispense
with
true
social
right
which
is
the
president
's
media
organization
that
he
uses
to
promote
all
of
his
ideas
and
proclamations
to
the
world
that
companies
got
a
lot
of
Eamon Javers (Senior Washington Correspondent)
02:29.070
value
because
of
its
association
with
the
president
and
the
attention
that
that
gets
and
you
know
if
you're
running
a
company
like
that
you
got
to
look
at
a
fairly
limited
time
horizon
right
i
mean
at
some
point
president
trump
will
no
longer
be
president
trump
and
does
the
Eamon Javers (Senior Washington Correspondent)
02:43.400
value
of
that
entity
decline
as
the
president
moves
into
a
retirement
phase
of
his
life
and
you
know
there
doesn't
seem
to
be
any
other
sort
of
exciting
new
content
creators
in
that
media
sphere
so
you
realize
you've
got
a
short
time
window
here
to
do
something
with
that
company
Eamon Javers (Senior Washington Correspondent)
03:01.310
this
looks
like
the
play
very
speculative
you
know
fusion
powered
not
really
proven
you
know
it
is
the
holy
grail
of
energy
it's
been
the
holy
grail
of
energy
for
a
while
and
the
cynics
say
it'll
always
be
the
holy
grail
of
energy
but
if
you
can
do
it
you
know
there's
huge
huge
Eamon Javers (Senior Washington Correspondent)
03:17.190
huge
upside
Kelly Evans (Anchor)
03:17.910
all
right
eamonn
appreciate
it
very
much
for
now
thanks
amon
jeffers
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