Trump Media to Merge With TAE in $6B Fusion Power Bet

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Deep Funding, Broader Ambitions

TAE has raised more than $1.3 billion in private funding from heavyweight investors including Google, Chevron Technology Ventures and Goldman Sachs.

Beyond fusion, the company operates businesses focused on power systems for data centers and electric vehicles, as well as a life sciences division developing cancer therapies.

Governance After the Deal

The post-merger board will include nine directors, drawn from both companies, with five independent members yet to be named.

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The Baker Botts advisory team includes partners Travis Wofford, Sarah Dodson, Andrew Schulte, Danny David, Richard Harper, John Lawrence, Hugh Hollman, Brendan Quigley, George Fibbe, Michael Bresson, Paul Morico, Ron Aizen, Paul Luther and Ted Posner. DLA Piper’s deal team details were not immediately available.

As Trump Media to merge with TAE moves toward completion, the agreement stands as a high-voltage wager — blending politics, media and a moonshot technology that aims to bottle the power of the sun.