DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Trump's Social Media Firm Merges with Nuclear Fusion Start-up
Trump's Social Media Firm Merges with Nuclear Fusion Start-up

Trump's Social Media Firm Merges with Nuclear Fusion Start-up

Update: 2025-12-18
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Former President Donald Trumps tech company, Trump Media and Technology Group, has merged with nuclear fusion start-up TAE Technologies in a $6 billion deal. This unconventional pairing combines Truth Social with clean energy research, with Trump owning about one-fifth of the new entity. The merger comes amidst UK government investment in TAEs fusion project and concerns over potential conflicts of interest. TAE, backed by Google, Chevron, and Goldman Sachs, aims to commercialize its particle accelerator technology for fusion reactions, with testing planned in the UK. The merger provides TAE with significant financial resources for a fusion power plant, despite the UK government not being informed before the public announcement.

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Trump's Social Media Firm Merges with Nuclear Fusion Start-up

Trump's Social Media Firm Merges with Nuclear Fusion Start-up