Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Media to merge with fusion power company TAE Technologies in $6 billion deal
https://www.cnbc.com/2025/12/18/trump-media-djt-tae-fusion-merger.htmlTrump Media and Technology Group on Thursday announced a merger agreement with TAE Technologies, a fusion power company, valued at more than $6 billion.
The all-stock deal, expected to close in mid-2026, will result in shareholders of each firm owning approximately half of the combined company.
The merger would create one of the worlds first publicly traded fusion companies, according to a press release.
Trump Media stock rocketed more than 19% higher in premarket trading.
The all-stock deal, expected to close in mid-2026, will result in shareholders of each firm owning approximately half of the combined company.
The merger would create one of the worlds first publicly traded fusion companies, according to a press release.
Trump Media stock rocketed more than 19% higher in premarket trading.
4 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Trump Media to merge with fusion power company TAE Technologies in $6 billion deal (Original Post)
ok_cpu
Dec 2025
OP
C_U_L8R
(49,387 posts)1. Combining two money-losing companies
is supposed to create a different result?
No wonder Trumps had so many bankruptcies.
stumpysbear
(277 posts)2. TAE's wiki page tells you all you need to know
Main financing has come from Goldman Sachs and venture capitalists such as Microsoft co-founder Paul Allen's Vulcan Inc., Rockefeller's Venrock, and Richard Kramlich's New Enterprise Associates. The Government of Russia, through the joint-stock company Rusnano, invested in Tri Alpha Energy in October 2012, and Anatoly Chubais, Rusnano CEO, became a board member.[16][19][29][30][31] Other investors include the Wellcome Trust and the Kuwait Investment Authority.[32] As of July 2017 the company reported that it had raised more than $500 million in backing.[7] As of 2020, it had raised over $600 million,[33] which rose to around $880 million in 2021[32] and $1.2 billion as of 2022.[34]
VMA131Marine
(5,270 posts)3. Fusion power is fifty years away and always will be
Although, technically, the Earth is fusion-powered by that giant fusion reactor at the center of the solar system.
Maybe Trump would stop his war on wind and solar power if we start calling them fusion converters.
maxrandb
(17,428 posts)4. Announced a day after the Director of MIT's Fusion Center was.murdered
Things that make you go; "hmmmm"