Free Republic

Trump Media & Technology Group (TMTG), the operator of Truth Social, has agreed to an all-stock merger with nuclear fusion firm TAE Technologies, valued at roughly $6 billion. The deal is a strategic pivot to address the massive electricity demand from the artificial intelligence sector, transforming the social media company into a vertically integrated tech and energy giant. The new entity plans to build a 50-megawatt fusion pilot plant starting in 2026, marking an attempt to become one of the first publicly traded commercial fusion energy firms... ...The deal, which is set to close in mid-2026, would create one of...

Trump Media & Technology Group (TMTG) announced a merger Thursday with the nuclear fusion company, TAE Technologies (TAE). The all-stock transaction is valued at more than $6 billion, according to TMTG. President Donald Trump has previously moved to bolster nuclear energy through executive action — though fusion technology has infamously struggled to deliver commercially viable and grid-scale power, despite decades of research.

Trump Media & Technology is merging with fusion energy company TAE Technologies in a deal worth more than $6 billion, aiming to harness the fledgling technology to power energy-hungry artificial intelligence data centers. TAE, which is privately owned, is developing technology aimed at producing energy by fusing atomic nuclei. Trump Media & Technology owns President Donald Trump's Truth Social platform. The merger comes amid a difficult year for Trump Media shares, which trade under the ticker DJT — the same as Mr. Trump's initials. Through Wednesday, the stock was down 69% for the year, even as the S&P 500 had...

TAE Technologies, the world’s largest private fusion company, has announced it will have a commercially viable nuclear fusion power plant by 2030, which puts it years—or even decades—ahead of other fusion technology companies. The California-based company has raised $880 million in funding for its hydrogen-boron reactor. This reactor isn’t a traditional tokamak or stellarator; instead, it uses a confined particle acceleration mechanism that produces and confines plasma. All fusion technology has plasma, which mimics the extreme reactions that power all the stars—it’s what we’re emulating when we make fusion energy experiments. “Plasma is an oozy substance; the challenge of containing...