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.
Shares of Trump Media & Technology, the parent company of President Donald Trump’s Truth Social media platform, have tumbled 70% this year but jumped 20% before the opening bell Thursday.
TAE is a private company and the merger with Trump Media would create one of the first publicly traded nuclear fusion companies.
Is the NSA stealing Chinese fusion trade secrets to give to TAE now?
Fakenews is thataway ----->
Hmm wonder what kinda scam [REDACTED] and Nunes are trying to work up here? I mean, [REDACTED] is a fossil fuel guy, “drill baby drill!” and against windmills. I never trust anything [REDACTED] gets involved in, its always a grift of some sort.
