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.
I think the record is like 22 minutes, not sure if I would call that sustainable yet.
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
I think that’s technically true for whatever small duration it happened, but we’re a long way off from commercial viability.