Trump Media announces plans for world's largest power generation plant — but only red states should apply

Core Viewpoint - The merger between Trump Media and Technology Group and TAE Technologies aims to establish the largest power generation site in the world, focusing on commercial fusion energy in the US [1][4]. Group 1: Merger Details - The merger between Trump Media and TAE Technologies is valued at $6 billion and is expected to close in mid-2026, creating one of the first publicly traded fusion companies [6]. - TAE Technologies has previously secured over $1.3 billion in funding from major companies such as Chevron, Google, and Goldman Sachs [7]. Group 2: Project Plans - The new organization plans to build a fusion plant in the US, with site selection criteria including a minimum of 20 acres, energy distribution capabilities, proximity to metropolitan areas, and local government support [2][3]. - CEO Devin Nunes emphasized that the construction will only occur in "red states" and aims to enable the US to compete with countries like China in energy production [2]. Group 3: Strategic Goals - The initiative is described as a long-term solution to secure safe, clean, and affordable fusion power, which is expected to lower energy bills for Americans and enhance the country's position in the AI revolution [6].