
Trump Media Merges with TAE Technologies for Fusion Push
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Trump Medias $6B Fusion Merger: A New Player in the Race for Clean Energy
Trump Media has entered the nuclear fusion game with a $6B merger to buy TAE Technologies, creating one of the first publicly traded fusion companies. The deal, set to close in mid-2026, involves a 50/50 ownership and an initial $200M cash infusion. TAE, founded in 1998, has raised over $1.3B from investors like Google, Chevron, and Goldman Sachs. They plan to build their first fusion power plant next year, using neutral particle beams and magnets. However, they face competition from other firms like General Fusion, Commonwealth Fusion, and Helion, all racing to develop fusion technology for clean, endless energy.
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