Going Nuclear
Donald Trump posted on Truth Social that the US and Israel had 'VERY GOOD AND PRODUCTIVE CONVERSATIONS' with Iran, causing US markets to jump and global oil prices to fall. TMTG, the company behind Truth Social, has made various moves including expanding into financial technology and announcing a merger with a nuclear fusion company.
Donald Trump posted on Truth Social on March 23 that the US and Israel had productive conversations with Iran, despite Iranian officials denying any talks. The post caused US markets to jump and global oil prices to fall. TMTG, the company behind Truth Social, has been positioning itself as a right-wing media behemoth. It has expanded into financial technology with Truth.Fi and announced its own investment funds. TMTG also announced a planned merger with TAE Technology, a nuclear fusion company, in a deal worth about $6 billion. The merger is expected to close by the end of 2026.
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