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Trump Media Merges with Fusion Company
Trump Media and Technology Group, known for Truth Social, merge with TAE Technologies, a fusion power company, in a $6 billion deal. The combined entity aims to become the first publicly traded nuclear fusion company, with plans to build a utility-scale fusion power plant. Devin Nunes and Michl Binderbauer will co-CEO the new company, owned equally by Trump Media and TAE shareholders. Former President Trump, the largest stakeholder in Trump Media, will see his company venture into the energy sector.
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Published on 3 days, 10 hours ago