Trump Media bets on fusion energy with $6 billion TAE deal
Yahoo Finance·2025-12-18 11:36

By Deborah Mary Sophia and Timothy Gardner Dec 18 (Reuters) - U.S. President Donald Trump is getting into the fusion power business through a $6 billion merger of his social media firm and Google-backed TAE Technologies, announced just days after industry leaders met with U.S. Energy Department representatives to urge federal funding. The all-stock deal announced on Thursday is an ​ambitious bet on the power boom spurred by artificial intelligence data-centers and adds to the Trump family's growing rost ...