I admit I have not been paying close attention to Truth Social . To me it was an inferior platform for Trump to do late night rants . It was a money loser
Turns out Devin Nunes has expanded the reach of the company. October it merged with a crypto currency venture for sports betting .
Truth Social to Become World’s First Social Media Platform Offering Prediction Markets via Exclusive Partnership with Crypto.com
Now it is doing a $6 billion merger with TAE ; a nuclear fusion power company .
Running the company will be 2 officials from TAE ;Nunes and Donald Trump Jr.
Fusion power is still not commercially viable. But if it is obtainable ,it will power the AI future power needs.
TAE and Trump Media said that their merged company in 2026 plans, subject to regulatory approval, to “site and begin construction on the world’s first utility-scale fusion power plant,” which would generate 50 megawatts of electrical power, an industry measurement.
TAE has plans to scale up future fusion power plants to generate between 350 to 500 megawatts of power, Binderbauer said
. A traditional fission nuclear power plant can generate about two to three times that much power, depending on the reactor.
“Fusion power will be the most dramatic energy breakthrough since the onset of commercial nuclear energy in the 1950s,” Trump Media CEO Devin Nunes said on a call Thursday.
“An innovation that will lower energy prices, boost supply, ensure America’s AI supremacy and revive America’s manufacturing base and bolster national defense,” Nunes said.
Trump Media’s investment comes as the artificial intelligence boom has left utilities scrambling to find enough power to fuel the build-out of data centers across the country.
Why Trump Media is merging with fusion firm TAE Technologies