Trump Media Explores Spinning Off Truth Social to Focus on Nuclear Energy

2026-02-28 companies

Sarasota, Saturday, 28 February 2026.
Trump Media may spin off Truth Social into a standalone public company, separating the social platform from its new strategic focus on a $6 billion nuclear fusion merger.

Strategic Bifurcation: Separating Media from Fusion

On Friday, February 27, 2026, Trump Media & Technology Group (TMTG) announced it is actively discussing a plan to spin off its flagship social media platform, Truth Social, into a separate, publicly traded entity [1][3]. This potential restructuring is designed to take place following the closure of TMTG’s previously announced merger with TAE Technologies, a nuclear fusion startup, in a deal valued at $6 billion [2][7]. If the transaction proceeds, the current parent company—trading under the ticker DJT—would retain the fusion technology assets and the corporate balance sheet, effectively transforming the firm into a nuclear energy and technology enterprise [3]. Meanwhile, the Truth Social platform would merge with a blank-check company, Texas Ventures Acquisition III Corp., to form an independent public company focused exclusively on social media [2][3].

Market Performance and Corporate Diversification

This exploration of a spinoff marks the latest in a series of significant strategic pivots for TMTG, which launched in 2021 with a primary focus on conservative-leaning social media [2]. Over the past year, the company has aggressively diversified its portfolio, branching into financial services with the launch of Truth.Fi and entering the cryptocurrency market by purchasing $2 billion in Bitcoin to establish a crypto reserve [2][7]. Despite these expansions, the company’s stock performance has remained volatile. As of Friday, shares were trading near the $11 mark, a fraction of the highs exceeding $100 recorded in 2022 [1]. Year-to-date, the stock has declined by approximately 18% [2], with shares trading as low as $9.84 recently [7].

Ownership Structure and Stakeholder Impact

President Donald Trump remains the majority shareholder in TMTG, owning approximately 52% of the company’s outstanding shares [2]. Following his electoral victory in 2024, Trump transferred his entire position—valued at over $1 billion at current prices—to a revocable trust of which he is the sole beneficiary [1][7]. With 11.8 million subscribers on Truth Social, the President is viewed as the platform’s most critical asset [2]. If the spinoff is executed, the distribution of shares would ensure that current investors, including the President’s trust, maintain equity in both the new fusion-focused entity and the independent social media company [1][3].

Sources

Trump Media Corporate Spinoff