United States President Donald Trump is getting into the fusion power business through a $6bn merger of his social media firm and Google-backed TAE Technologies, just days after industry representatives urged federal funding.
The all-stock deal, announced on Thursday, is an ambitious bet on the power boom spurred by artificial intelligence (AI) data centres and adds to the Trump family’s growing roster of diverse ventures from cryptocurrency to real estate holdings and mobile services.
I don’t even doubt somebody will achieve net-energy positive fusion in the near future (not those startups, though). But that is still not enough to change anything in the energy market.
The first many decades of fusion will be ridiculously expensive.
It doesn’t have to change anything in the energy market. All it needs is for someone in government to approve massive federal funding, then: PROFIT. I’m sure there’s no connection and no way anyone in Trump Media knows what will be approved by the Trump administrative