The $6 billion deal between Trump Media and Technology Group and TAE Technologies aimed at bringing fusion energy to the market raises conflict of interest questions.
The necessary technical advances are likely 15 to 20 years away, but research yields quick dividends.
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Trump enters the race for fusion power
Two years ago, Microsoft Inc. (NASDAQ:MSFT) signed a power purchase agreement (PPA) with Helion Energy to buy electricity from the nuclear fusion startup beginning in 2028. Constellation Energy ...
A $6B deal merges Trump Media with TAE Technologies, aiming to advance nuclear fusion energy as a low-pollution, long-term ...
Trump Media announces a $6 billion merger with fusion startup TAE Technologies, signaling a pivot from social media to clean ...
China’s EAST reactor just broke a fundamental fusion limit—bringing the dream of ignition a big step closer. shutterstock.
Researchers working with China’s "artificial sun," have discovered a method to push past a long-standing physical limit in ...
On 8 August, 2021, 192 laser beams pumped vastly more power than the entire US electric grid into a small gold capsule and ignited, for a faction of a second, the same thermonuclear fire that powers ...
The US president's company also operates a number of cryptocurrency-related financial products and owns social media platform Truth Social.
The all-stock transaction is worth $6 billion. Ownership of the combined company is set to be evenly split between the shareholders of TAE and Trump Media & Technology Group, which is commonly ...
The fusion power plant will generate about 400 megawatts of electricity at its Chesterfield County site owned by Dominion Energy. Commonwealth Fusion Systems, the largest private fusion company, will ...
Founded in January 2022, Xcimer has already raised $100 million, according to PitchBook, from investors including Hedosophia, ...
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