Trump Media Announces Alarming Merger With Nuclear Fusion Firm |
Donald Trump’s social media company is now going to get into fusion power.
Trump Media and Technology Group, which owns Truth Social, announced Thursday that it’s pursuing a $6 billion merger with TAE Technologies, which says it is building “the world’s first utility-scale fusion power plant” to power the data centers that support artificial intelligence.
Shareholders from each company will own 50 percent of the new entity as a result of the deal, which the companies say will be completed in mid-2026. TAE is backed by Google and oil giant Chevron, while Trump Media continues to struggle to make money. The social media venture reported sales of $927,900 from June to September 30, down from $1.01 million in the same period last year. It also lost $54.8 million during that period, an increase from $19.2 million last year.
Cow enthusiast and former Representative Devin Nunes, the CEO of Trump Media, bragged about the deal in a statement.
“Trump Media & Technology Group built uncancellable infrastructure to secure free expression online for Americans, and now we’re taking a big step forward toward a revolutionary technology that will cement America’s global energy dominance for generations,” Nunes said. “Fusion power will be the most dramatic energy breakthrough since the onset of commercial nuclear energy in the 1950s—an innovation that will lower energy prices, boost supply, ensure America’s A.I.-supremacy, revive our manufacturing base and bolster national defense.”
The merger would lead to one of the first publicly traded nuclear fusion companies, according to the news release.
The move is somewhat confusing, the only explanation being that Trump wants to capitalize on power generation connected to the AI boom. Fusion power itself is still unproven and unrealized, with scientists still unable to generate more power than they use for the process. But Trump, having already used his social media company to go big on cryptocurrency, seems to see dollar signs in something slightly more tangible in fusion power. Does this mean that supporting this impractical technology will soon become government policy?
Progressive Representative Alexandria Ocasio-Cortez likes her chances in a 2028 general election matchup against Vice President JD Vance—and the numbers are currently backing her up.
“Do you think that you could beat JD Vance in a head-to-head race for president as polling suggests in 2028?” AOC was asked by Migrant Insider’s Pablo Manríquez.
The congresswoman laughed.
“Listen, these polls like three years out are … they are what they are,” she said with a smile. “But, let the record show—I would stomp him. I would stomp him!”
.@PabloReports: Do you think you could beat JD Vance in a head-to-head race for president, as polling suggests?
AOC: I would stomp him. pic.twitter.com/Kvh31kgwbD
The polling in question is from The Argument/Verasight, and has Ocasio-Cortez edging out Vance 51 percent to 49 percent.
As the congresswoman said herself, there is still so much that can happen between now and 2028 that could deem polls like this completely irrelevant. However, this positive showing from perhaps America’s most popular left-leaning politician demonstrates a desire for populist, antiestablishment, pro–working class politics that Democrats have eschewed and Republicans have misrepresented.
Ocasio-Cortez would join a crowded Democratic primary field that could include the likes of Governors Gavin Newson, JB Pritzker, Andy Beshear, Wes Moore, and Josh Shapiro, as well as Senators Cory Booker, Ro Khanna, Chris Murphy, and former Vice President Kamala Harris.
Donald Trump has been talking to attorney Alan Dershowitz about running for a third term in office, which is prohibited by the Constitution.
In an Oval Office meeting, Dershowitz gave Trump a draft of a book he is writing called Could President Trump Constitutionally Serve a Third Term? Dershowitz told The Wall Street Journal that the book, due to be published next year, lays out scenarios in which a president could serve a third term, and that Trump said he would read it and wanted to know Dershowitz’s opinion.
“I said ‘It’s not clear if a president can become a third term president and it’s not clear if it’s permissible,’” Dershowitz said. The attorney and Jeffrey Epstein associate worked to defend Trump when he was facing impeachment proceedings in his first term.
“He found it interesting as an intellectual issue,” Dershowitz added. “Do I think he’s going to run for a third term? No, I don’t think he will run for a third term.”
But Trump has been discussing the possibility of a third term in office for a while now, telling NBC News in March that “there are methods which you could do it.” He continues to “joke” about the possibility, with his business selling “