Subject: Re: half-life djt merger
"...the merger, valued at more than $6 billion, is a bet on the future of fusion, a type of nuclear technology that mimics the way the sun produces light and heat. Fusion is carbon-free and produces significantly less radioactive waste than traditional nuclear power.
The technology is not yet commercially available, but the deal includes an immediate $200 million in cash at signing. The combined company is expected to start of construction of its first utility-scale fusion power plant in 2026.
Why is this called "a $6 billion dollar merger?" TMTG (DJT) is Truth Social, a minor social media platform. TAE is a maybe someday play.
"TAE aims to manufacture a prototype commercial fusion reactor by 2030
https://en.wikipedia.org/wiki/...
So where does a $6 billion valuation come from?