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The Independent UK
The Independent UK
Kelly Rissman

Trump media set to merge with nuclear power company in $6 billion deal

Trump Media Donald Trump Donald Trump Jr. TAE Devin Nunes Truth Social United States Trump Media and Technology Group White House

Trump Media and Technology Group, the parent company of Truth Social, announced a $6 billion merger with nuclear fusion power company TAE Technologies.

Truth Social has served as a megaphone for Donald Trump, the platform where the president unveils major White House announcements and does his many wide-ranging ramblings. As of June, Trump owned roughly 58 percent — or 114,750,000 shares — of his eponymous media company, which went public in March 2024.

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