A person checking the app store on a cellphone for Truth Social with the platform’s website on a computer screen in the background, in Los Angeles on Oct. 20, 2021, in this photo illustration. Chris Delmas/AFP via Getty Images
President 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 that 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.
