Trump's Media Group Merges with Fusion Power Company
Update: 2025-12-18
Description
Former President Trumps media platform, Truth Social, is merging with TAE Technologies, a fusion power company, in a six billion dollar deal. The new company aims to build the worlds first utility-scale fusion power plant, providing electricity for AI data centers. However, the merger has raised concerns about potential conflicts of interest, as Trumps ties could pose issues for the U.S. governments involvement in the industry. The deal has boosted Trump Medias shares and could create one of the first publicly traded nuclear fusion companies, potentially revolutionizing energy production.
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