TAE is a private company and the merger with Trump Media would create one of the first publicly traded nuclear fusion companies.

Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion.

Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company with TAE Technologies CEO Michl Binderbauer.

TAE focuses on nuclear fusion, a technology that combines two light atomic nuclei to form a single heavier one. It releases enormous amount of energy, a process that occurs on the sun and other stars, according to the United Nation’s International Atomic Energy Agency.

  • Johnmannesca@lemmy.world
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    4 hours ago

    Host Planned Parenthood fundraisers with the fundraising goal set at the projected costs of the renovations, then make a statement of how it did nothing to promote the general welfare of Americans to renovate a roughly 200yo house and not even have a PBS special to show for it!