The merger with TAE, a private company, would create one of the first publicly traded nuclear fusion companies.

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.

  • Gil Wanderley@lemmy.eco.br
    2·
    24 hours ago

    Ah, yes. The ballroom being designed by an architect with experience in electromagnetic protected buildings, built by the construction company with experience with classified data centers, and sponsored by tech companies and not luxury brands, in an area where the utilities companies have issued warnings their demands for water and power will increase 5 times.

    What I’m trying to say, the ballroom is just the cover (literally).

    • LOGIC💣@lemmy.world
      2·
      24 hours ago

      Since it’s just the cover, there should be no problem in changing the cover. Tear it down and replace it with something that hasn’t been tainted by Trump’s fingerprints.