Trump Media & Fusion: A $6B Merger
Update: 2025-12-18
Description
Trump Media and Technology, led by CEO Devin Nunes, is merging with fusion power company TAE Technologies in a $6 billion deal. The new company plans to build the worlds first utility-scale fusion power plant next year, aiming to meet the growing demand for AI electricity. Shares surged after the announcement, and the merger could make TAE one of the first publicly traded nuclear fusion companies. Trump, the largest shareholder, owns 41% of Trump Media.
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