Trump's social media business is merging with a nuclear fusion company [View all]
Source: CNN Business
PUBLISHED Dec 18, 2025, 7:08 AM ET
Truth Social parent company Trump Media & Technology Group announced a deal on Thursday to merge with nuclear fusion company TAE Technologies.
The surprise merger drove shares of Trump Media 17% higher in premarket trading.
The companies said the all-stock transaction is valued at more than $6 billion and will create one of the first publicly traded fusion companies.After the deal closes, shareholders of Trump Media and TAE would own about 50% of the combined entity.
The news comes as Trump Medias share price has plunged this year. Truth Social has struggled to gain traction, remaining a far smaller player than rival social media platforms.
Read more: https://www.cnn.com/2025/12/18/business/truth-social-trump-tae-technologies-nuclear-fusion
I saw a CNBC business alert earlier about what stocks had the "biggest moves" premarket and and his Lies Social parent was mentioned... then I spotted this article.
Looks like a bailout, more grift and probably money laundering.