President Donald Trump’s social media company, Trump Media & Technology Group (TMTG), said on Thursday that it’s merging with TAE Technologies, a Southern California-based company that has been chasing the dream of fusion power for nearly 30 years.
The all-stock transaction, valued at more than $6 billion, would expand Trump Media’s presence into the nascent fusion power space while data centers clamor for more electricity amid the ongoing AI boom.
Fusion industry insiders expressed curiosity over the deal and voiced concerns about…

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