President Donald Trump-owned Truth Social parent to merge with Google-backed fusion reactor company in $6 billion deal
Truth Social's parent company, Trump Media, is merging with fusion energy firm TAE. This all-stock deal aims to develop the world's first utility-scale fusion power plant by 2026, potentially powering AI's growing energy demands. The combined entity, co-led by Devin Nunes and Michl Binderbauer, seeks to secure America's energy future, though the merger awaits shareholder and regulatory approval.
Truth Social's parent company, Trump Media, is merging with fusion energy firm TAE. This all-stock deal aims to develop the world's first utility-scale fusion power plant by 2026, potentially powering AI's growing energy demands. The combined entity, co-led by Devin Nunes and Michl Binderbauer, seeks to secure America's energy future, though the merger awaits shareholder and regulatory approval.
