TAE is a private company and the merger with Trump Media would create one of the first publicly traded nuclear fusion companies.

Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion.

Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company with TAE Technologies CEO Michl Binderbauer.

TAE focuses on nuclear fusion, a technology that combines two light atomic nuclei to form a single heavier one. It releases enormous amount of energy, a process that occurs on the sun and other stars, according to the United Nation’s International Atomic Energy Agency.

  • iAmTheTot@sh.itjust.works
    link
    fedilink
    arrow-up
    142
    ·
    3 days ago

    Mandatory reminder that Jimmy Carter put his peanut farm into a trust to avoid conflict of interest accusations.

        • Gil Wanderley@lemmy.eco.br
          link
          fedilink
          arrow-up
          2
          ·
          22 hours ago

          Ah, yes. The ballroom being designed by an architect with experience in electromagnetic protected buildings, built by the construction company with experience with classified data centers, and sponsored by tech companies and not luxury brands, in an area where the utilities companies have issued warnings their demands for water and power will increase 5 times.

          What I’m trying to say, the ballroom is just the cover (literally).

          • LOGIC💣@lemmy.world
            link
            fedilink
            arrow-up
            2
            ·
            22 hours ago

            Since it’s just the cover, there should be no problem in changing the cover. Tear it down and replace it with something that hasn’t been tainted by Trump’s fingerprints.

        • WindyRebel@lemmy.world
          link
          fedilink
          arrow-up
          4
          ·
          2 days ago

          Nah. Keep it and redecorate and/or repurpose it. Then rename it to something super woke. Spend as little money as possible since it’s probably coming from our tax dollars to do this shit every four fucking years.

          • Johnmannesca@lemmy.world
            link
            fedilink
            arrow-up
            2
            ·
            1 day ago

            Host Planned Parenthood fundraisers with the fundraising goal set at the projected costs of the renovations, then make a statement of how it did nothing to promote the general welfare of Americans to renovate a roughly 200yo house and not even have a PBS special to show for it!

    • N0t_5ure@lemmy.world
      link
      fedilink
      arrow-up
      31
      ·
      3 days ago

      What a sucker! He should have used the power of the presidency to bully his way into a merger with IBM. Surely no one would have objected.