Washington, United States, Dec 18, 2025 (AFP) - Trump Media announces merger with fusion power company

NAMPA / AFP

2025-12-18

Trump Media & Technology Group, the struggling company that owns the US president's Truth Social platform, announced Thursday a $6 billion merger with fusion power company TAE Technologies, in an unexpected pivot into energy technology. The all-stock transaction will see shareholders of each company hold approximately 50 percent of the combined entity, which plans to begin construction of what it calls the world's first utility-scale fusion power......

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