Last updated: 2025-12-19 02:01:55 ET
Trump Media is merging with TAE Technologies in an all-stock deal valued at $6 billion
Parent company of Truth Social announced Thursday it has struck a definitive, all-stock agreement to merge with private fusion firm TAE Technologies.
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The merger would broaden Trump Media’s holdings into the nascent fusion power space while data centers clamor for more electricity amid the ongoing AI boom.
The parent of Truth Social will combine with TAE Technologies with the aim of bringing fusion power plants online quickly.
President Trump's media company is joining forces with a company working to commercialize fusion energy.
Trump Media and Technology Group announced a merger agreement with fusion power company TAE Technologies valued at more than $6 billion.
Trump Media’s stock is soaring as the Truth Social operator looks to get in on a hot AI power trend.
The U.S. Space Force is looking for advanced technologies for space-based interceptors that can intercept ballistic missiles during their boost phase.
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