00:00Trump Media just made a $6 billion bet, not on social media, but on Nuclear Fusion.
00:06Shares of Trump Media and Technology Group jumped after announcing a merger with TAE Technologies,
00:11a nuclear fusion company backed by Google, Chevron, and Goldman Sachs.
00:16The deal values TAE at about $6 billion, including $200 million in cash at signing
00:22and another $100 million tied to regulatory filings.
00:25After the merger, existing TAE shareholders will own roughly half of the combined company.
00:31Founded in 1998, TAE has raised more than $1.3 billion and is developing fusion reactors
00:37aimed at delivering utility-scale power alongside energy systems for AI data centers.
00:43The company plans to begin building its first fusion power plant in 2026
00:47with commercial power targeted for the early 2030s.
00:50With Trump Media, Big Tech, and Wall Street aligned, fusion is moving from science experiment
00:56to serious energy investment.
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