Trump Media, the company that runs social network Truth Social, is pivoting to nuclear fusion. It has announced a merger with California-based fusion power company TAE Technologies and plans to start construction on a fusion power plant in 2026.
Trump Media & Technology Group will become the holding company of the new organization, though shareholders from each company will own approximately half of the newly formed firm, which the companies say will be valued at more than $6 billion. President Trump previously owned a majority share in Trump Media, but transferred that to a trust managed by his son, Donald Trump Jr., before taking office i …