Trump's economic regime could fuel inflation and disrupt trade flows
ARASOTA, Fla. and FOOTHILL RANCH, Calif., 18 December 2025 – Trump Media & Technology Group (Nasdaq: DJT) and TAE Technologies have signed a definitive agreement for an all-stock merger valued at over $6 billion, creating one of the world’s first publicly traded fusion companies.
Shareholders of each will own approximately 50% of the combined entity. The deal accelerates TAE’s fusion technology, backed by over $1.3 billion from investors like Google and Chevron, with plans to site and build the first utility-scale fusion plant (50 MWe) in 2026, followed by larger facilities.
TMTG provides up to $300 million in cash support. Devin Nunes and Dr. Michl Binderbauer will serve as co-CEOs, with Michael B. Schwab as chairman.
The merger aims to secure America’s energy independence and AI leadership through abundant clean power.
Read More News on Latest Malaysia
Read More News on Business News Malaysia
Read More News on SG Business News
Read More News on World Future TV
Shopee expanded its Rai Lokal Jelajah Komuniti programme to Johor, equipping local entrepreneurs with digital…
Vertiv introduced the first converged physical infrastructure digital twin for NVIDIA Omniverse DSX, enabling faster…
API (Application Programming Interface) integration allows different software systems to connect and exchange information automatically.…
KiN Hotel Group enters Malaysia through the takeover of Hotel Maya Kuala Lumpur, bringing its…
Generali has launched Redion, unifying Europ Assistance and GEB under one global Care platform to…
Manulife IM Malaysia introduces the Singapore Equity Fund, offering investors access to income and growth…
This website uses cookies.