Trump Media bets on fusion energy with $6 billion TAE deal
Dec 18 (Reuters) - U.S. President Donald Trump is getting into the fusion power business through a $6 billion merger of his social media firm and Google-backed TAE Technologies, announced just days after industry leaders met with U.S. Energy Department representatives to urge federal funding.
The all-stock deal announced on Thursday is an ambitious bet on the power boom spurred by artificial intelligence data-centers and adds to the Trump familys growing roster of diverse ventures from cryptocurrency to real estate holdings and mobile services.
