Trump Media announces merger with TAE Technologies

Trump Media and Technology Group (TMTG), the parent firm of his Truth social media outlet, is merging with TAE Technologies, a nuclear fusion power company, in a deal valued at $6 billion. The unusual pairing is expected to close in the middle of next year and will give shareholders of both companies equal ownership of the combined entity. The merged company will result in what the companies are calling “one of the world’s first publicly traded fusion companies.” As part of the transaction, TMTG has agr ...