Trump Media to Merge With Nuclear Fusion Company TAE in $6 Billion Deal

An illustration photo shows a person checking the app store on a phone for Truth Social with the platform’s website on a computer screen in the background in Los Angeles on Oct. 20, 2021. Chris Delmas/AFP via Getty ImagesPresident Donald Trump’s media company, Trump Media & Technology Group (TMTG), said on Dec. 18 that it has signed a definitive agreement to merge with nuclear fusion firm TAE Technologies in an all-stock transaction valued at more than $6 billion, an ambitious tie-up the companies said was a bid to help “power America’s technology revolution.”In a joint statement, TMTG—owner of Truth Social—and TAE said the deal seeks to create one of the world’s first publicly traded fusion companies.