Trump goes nuclear: The president’s tech and media umbrella will merge with a fusion reactor developer in a deal valued north of $6 billion
Yahoo Finance·2025-12-18 23:01
Trump Media & Technology Group, the parent company of Truth Social, announced Thursday that it will merge with TAE Technologies, a privately held nuclear fusion developer, in an all-stock transaction valued at more than $6 billion. The deal will create one of the first publicly traded nuclear fusion companies in the United States and marks President Donald Trump’s entry into the highly regulated nuclear energy sector. The merger represents a dramatic pivot for Trump Media, which has struggled this year ...