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 ...