Trump Goes Nuclear: Truth Social’s $6 Billion Leap into Fusion Energy ...Middle East

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Trump Goes Nuclear: Truth Social’s $6 Billion Leap into Fusion Energy
source : OILPRICE ( Middle East ) () 41
Trump Media & Technology Group (TMTG), the operator of Truth Social, announced Thursday it has reached a definitive agreement to merge with TAE Technologies in an all-stock deal valued at roughly $6 billion. The move effectively turns a social media company into a deep-tech player, targeting the massive power requirements of the artificial intelligence boom. The deal, which is set to close in mid-2026, would create one of the first publicly traded fusion energy firms. TMTG is putting up $200 million in cash at signing and another $100 million…

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