From Barron's December 18:
DJT Pivots to Nuclear Fusion, With a Bitcoin-Powered Balance Sheet
The Trump family empire is expanding into nuclear fusion, a futuristic technology that President Donald Trump’s administration said it wants to accelerate.
Truth Social parent Trump Media & Technology Group and TAE Technologies said on Thursday that they had agreed to merge, in an all-stock deal valued at more than $6 billion.
The two companies said in a statement that they would combine Trump Media’s access to significant capital and TAE’s leading fusion technology to supply the power needed to “help America win the AI revolution.”
Trump Media shares, which trade under the ticker DJT, surged 41.9% to $14.86. The S&P 500 was 0.8% higher.
If the deal is approved by regulators, the combined company would start building a 50-megawatt utility-scale fusion power plant next year, the companies said. The companies are also planning additional fusion power plants supplying 350 to 500 megawatts....
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GE Vernova Stock Recovers as the AI Trade Rebounds
