Trump Media Merges with Fusion Company

Trump Media and Technology Group, known for Truth Social, merge with TAE Technologies, a fusion power company, in a $6 billion deal. The combined entity aims to become the first publicly traded nuclear fusion company, with plans to build a utility-scale fusion power plant. Devin Nunes and Michl Binderbauer will co-CEO the new company, owned equally by Trump Media and TAE shareholders. Former President Trump, the largest stakeholder in Trump Media, will see his company venture into the energy sector. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.