TAE is a private company and the merger with Trump Media would create one of the first publicly traded nuclear fusion companies.

Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion.

Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company with TAE Technologies CEO Michl Binderbauer.

TAE focuses on nuclear fusion, a technology that combines two light atomic nuclei to form a single heavier one. It releases enormous amount of energy, a process that occurs on the sun and other stars, according to the United Nation’s International Atomic Energy Agency.

  • meco03211@lemmy.world
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    2 days ago

    Pretty sure we’ve achieved sustainable fusion. What I think is missing is making it cost effective and scalable.

      • BeeegScaaawyCripple@lemmy.world
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        1 day ago

        I recall reading an article where we once had a fusion reactor that put out more energy than we put into it, but both I and the author may have hallucinated it

        • Corkyskog@sh.itjust.works
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          1 day ago

          I think that’s technically true for whatever small duration it happened, but we’re a long way off from commercial viability.

    • Tollana1234567@lemmy.today
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      1 day ago

      it costed 10s of billions just to do that. its probably wont go down anytime soon,. you might as well built several nuclear power plants at that point.