Zero Hedge

Trump Deal Highlights Intensifying Global Competition For Fusion Energy

Trump Deal Highlights Intensifying Global Competition For Fusion Energy

Authored by Alex Kimani via OilPrice.com,

Shares of Trump Media & Technology Group Corp. (NYSE:DJT) have surged nearly 70% after the company agreed to merge with fusion startup TAE Technologies in a $6 billion deal. Under the terms of the deal, shareholders of each company will own roughly half of the combined entity on a fully diluted equity basis. Trump Media, majority owned by U.S. President Donald Trump, will now become the holding company for TAE Power Solutions and TAE Life Sciences alongside current holdings Truth Social, Truth+ and Truth.Fi. 

Founded in 1998, TAE Technologies aims to deploy commercial, utility-scale fusion energy. The company plans to commence construction of its first fusion power plant in 2026, expected to generate 350-500 MWe.

TAE Technologies has raised more than $1.3 billion thanks to backing by high-profile investors, including Google, Chevron Technology Ventures, Goldman Sachs, and Sumitomo Corporation of America. The company plans to employ neutral particle beams and magnets in its fusion reactors instead of standard lasers.

Widely regarded as the Holy Grail of low-carbon electricity, nuclear fusion works by ‘smashing’ together hydrogen atoms to create helium and release energy through the famous E=MC2 mass-energy equivalence. Fusion is the process by which stars, including our own sun, generate vast amounts of energy in their cores. 

Nuclear fusion is able to generate four times as much energy as nuclear fission from the same mass of fuel. Fusion reactors are highly regarded not only because of their massive power output but also because they produce much less radioactive waste and cannot melt down, unlike fission reactors, where uncontrolled chain reactions can be catastrophic. 

Nuclear fission is a process where a nucleus (usually of a heavy atom like uranium) splits into two smaller nuclei, releasing a large amount of energy and additional neutrons. These released neutrons can then induce further fission events, leading to a chain reaction.

After a long period of stagnation, nuclear fusion is hot again thanks to the ongoing global nuclear renaissance amid surging energy demand. Back in August, Sam Altman-backed Helion Energy began construction of its first commercial nuclear fusion plant in Chelan County, Washington. Helion’s project has already undergone rigorous environmental assessments as part of the Environmental Policy Act (SEPA) process by the State of Washington. 

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 (NASDAQ:CEG) was appointed as the marketer for the zero-carbon electricity Helion plans to generate at its Orion plant.

Helion has scored some important fusion milestones, with its Trenta prototype the first private reactor to achieve nuclear fusion on a commercial scale. Trenta--Helion’s sixth fusion prototype--has been able to achieve a critical fuel temperature of 180 million degrees Fahrenheit, widely considered a benchmark for commercial fusion viability. 

Testing of the prototype began in 2019 and concluded in January 2023, during which the facility completed nearly 10,000 high-power pulses and operated under vacuum for 16 months. Trenta uses a pulsed magneto-inertial fusion (MIF) approach to generate fusion energy. It accelerates two Field Reversed Configurations (FRCs) of plasma to collide, compressing them to fusion temperatures and directly recapturing the released energy as electricity, bypassing the traditional steam turbine cycle.

China Enters Fusion Race

That said, China has entered the fusion race with a bang. Whereas the U.S. was among the world’s first countries to bet big on this futuristic gambit, China’s foray came much later. China has been making rapid progress over the past decade, and now owns more fusion patents than any country according to industry data published by Nikkei. Further, China is building projects at record speed. 

China's private fusion energy company, Energy Singularity, has achieved several significant breakthroughs in developing high-temperature superconducting (HTS) tokamak devices aimed at accelerating the commercialization of fusion energy. In June 2024, the company's HH70 device successfully achieved its "first plasma," making it the first and only operational full high-temperature superconducting tokamak built by a commercial company globally. The HH70 device was designed and constructed in under two years, a world record for the fastest development and construction of a superconducting tokamak.

In early 2025, Energy Singularity's large-bore D-shaped HTS magnet, named "Jingtian" generated a world-record magnetic field of 21.7 tesla in a test. This surpassed the previous record held by a U.S. company/MIT collaboration and is a critical step for developing smaller, more cost-effective fusion reactors.The company is now developing its next-generation device, the HH170, which is planned for completion by 2027 and aims to achieve a tenfold energy gain (Q>10), a crucial milestone for commercial viability.

Interestingly, just like it did with AI models, China is pulling off impressive fusion milestones with much less. To wit, Energy Singularity has so far received just $112 million in private investment, significantly less than U.S. fusion startups. For some context, Charles Seife, director of the Arthur L. Carter Institute of Journalism at New York University, estimates that France-based International Thermonuclear Experimental Reactor (ITER) project costs have surpassed €20 billion ($21.8 billion), more than four times the original budget of €5 billion (then $5.5 billion) and nearly a decade late from its 2016 delivery date.

That said, Energy Singularity is not the only fusion startup that’s pursuing small reactor designs. Deven, Massachusetts-based Commonwealth Fusion Systems is collaborating with MIT to build its small fusion reactor. 

The company has achieved major breakthroughs in fusion energy by developing world-record High-Temperature Superconducting (HTS) magnets, enabling smaller, more powerful tokamaks like their SPARC device, which aims to be the first to produce net energy. They've secured massive funding (around $3 billion), validated their magnet technology with the U.S. DOE, and demonstrated key magnet performance milestones. CFS is now building its SPARC reactor to prove net-energy fusion, paving the way for its first commercial power plant, ARC.

Tyler Durden Mon, 12/22/2025 - 22:35

Rocking Around The Plastic Tree

Rocking Around The Plastic Tree

For some families, the search for the right Christmas tree is an annual event.

For large shares of Americans and Brits though, this search may have ended a long time ago - the perfect tree already sitting safely in the attic or garage, ready for its glorious but fleeting return to the living room.

As Statista's Felix Richter reports, a new survey from Statista Consumer Insights shows, it's a different story in Germany.

Rocking Around the Plastic Tree | Statista

You will find more infographics at Statista

There, at the home of the Christmas tree tradition, the practice is still very much alive - 41 percent of German adults said they would be putting up a real tree this year, compared to 32 percent in the U.S. and just 24 percent in the United Kingdom.

Tyler Durden Mon, 12/22/2025 - 22:10

Vance: "You Don't Have To Apologize For Being White"

Vance: "You Don't Have To Apologize For Being White"

Authored by Steve Watson via Modernity.news,

Vice President JD Vance announced Sunday the Trump administration’s decisive victory over the woke scourge of DEI, banishing it to where it belongs—the trash heap of failed ideas. Speaking at Turning Point USA’s AmericaFest, Vance made it crystal clear: America is back to rewarding merit and hard work, not pandering to identity politics that divide and weaken the nation.

This move shreds the chains of racial guilt and sex-based favoritism pushed by the radical left, restoring true equality under the law. With Trump at the helm, the radical left’s grip on discriminatory programs is crumbling.

Vance was forthright in his address, highlighting how the administration is dismantling the leftist playbook that treats people differently based on immutable traits.

“We have finally made it clear that in the United States, we believe in hard work and merit. Unlike the left, we stand against treating anybody, and I love what Nikki [Minaj] said about this, we don’t treat anybody different because of their race or their sex,” Vance said.

He added, “So we have relegated [DEI] to the dustbin of history, which is exactly where it belongs. In the United States of America, you don’t have to apologize for being white anymore.”

He drove the point home by addressing the unfair burdens placed on various groups under DEI regimes.

“And if you’re an Asian, you don’t have to talk around your skin color when you’re applying for college, because we judge people based on who they are, not on ethnicity and things they can’t control,” Vance continued.

He further urged, “We don’t persecute you for being male, for being straight, for being gay, for being anything. The only thing that we demand is that you be a great American patriot. And if you’re that you’re very much on our team.”

The declaration comes on the heels of President Trump’s executive order, signed mere hours after his inauguration on January 20, 2025, which eradicated DEI programs across the federal government. This swift action fulfilled a core promise to dismantle bureaucratic bloat that prioritizes division over unity.

Secretary of War Pete Hegseth revealed in a further speech that the Department of War has also scrapped promotion quotas, ensuring military advancements are based on capability, not checkboxes. It’s a stark contrast to the previous administration’s chaos, where open borders and identity obsessions eroded national strength.

Even the corporate world is waking up. Major players like McDonald’s, Walmart, and Coors are retreating from DEI initiatives, as a damning report in Econ Journal Watch exposed the flawed McKinsey studies claiming diversity boosts profits—turns out, they couldn’t be replicated. The house of cards is collapsing, revealing DEI as the fraud it always was.

Vance’s words echo a broader rejection of globalist agendas that undermine American values. By endorsing him for a potential 2028 run, TPUSA CEO Erika Kirk signals the rising tide of young conservatives ready to fight back against the elite’s control.

Vance’s message reinforces what MAGA has always stood for—unity through strength, merit over manipulation, and an unapologetic love for America. As the dust settles on DEI’s demise, the path forward is clear: a nation where freedom thrives, not divides.

Watch Vance’s full speech:

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Tyler Durden Mon, 12/22/2025 - 21:45

MSM Stays Silent As Horrific Video Emerges Of Attack On 75-Year-Old Woman In Seattle

MSM Stays Silent As Horrific Video Emerges Of Attack On 75-Year-Old Woman In Seattle

Outside of local reporting in Seattle, corporate media outlets at the national level have entirely ignored the brutal attack on a 75-year-old woman by a repeat offender. The silence is telling and underscores how progressive criminal justice reforms continue to backfire spectacularly, enabling a revolving-door chaotic environment that releases serial offenders back onto the streets with nation-killing consequences.

That's correct. There has been no coverage in the mainstream press. The reason is very simple: corporate media outlets no longer function as independent news organizations, but as public-relations arms that filter stories based on narrative control rather than public importance. 

KOMO News released new surveillance video showing a horrific and random attack outside the King County Courthouse in downtown Seattle earlier this month.

According to charging documents, 42-year-old Fale Vaigalepa Pea used a wooden stick with a protruding screw to strike 75-year-old Jeanette Marken in the face.

KOMO said court records show Pea has been known to law enforcement for years and has a long history of violent behavior.

In 2011, Pea stabbed two people at a party in SeaTac, including one victim who was stabbed eight times. He was later convicted by a jury and sentenced to 18 months of community custody. Since then, he has been charged in multiple assault cases, including one in 2020, four in 2023, and another in 2024.

This year alone, Pea has been booked into the King County Jail eight times. Despite repeated arrests for assault, indecent exposure, drug offenses, property destruction, unlawful use of weapons, and malicious mischief, none of those arrests this year resulted in charges before the random attack on the 75-year-old woman.

Pea now faces a first-degree assault charge and is scheduled for a competency hearing later this month. Prosecutors argue that his actions and criminal history show he's a danger to the community.

What's most shocking is that body camera footage from officers at the scene described Pea as a "regular" and noted, "He's notorious for random assaults on Third."

Elon Musk commented on the shocking video on X, saying, "This keeps happening to innocent people."

Musk is likely referring to the fatal stabbing in Charlotte of a Ukrainian refugee by yet another serial offender released onto the street by progressive judges.

It's time to hold left-wing politicians, judges, and anyone in between accountable for allowing repeat criminals back onto the streets, slaying the innocent.

In the meantime, continue to avoid crime-ridden, Democrat-run cities and stay vigilant. None of this chaos should be happening, yet it has been allowed through nation-killing policies pushed by Democrats who follow a globalist framework aimed at undermining America from within.

Tyler Durden Mon, 12/22/2025 - 21:20

Despite Headwinds: Airlines On Track For A Record Year

Despite Headwinds: Airlines On Track For A Record Year

The global airline industry is on track to hit new revenue and profit records in 2025 and 2026.

As Statista's Felix Richter details below, according to the latest industry outlook from the International Air Transport Association (IATA), commercial airlines, including passenger and cargo airlines, are expected to surpass $1 trillion in revenue for the first time this year, showing resilience in the face of significant headwinds.

This is especially true for the air cargo sector, which successfully weathered the storm after the Trump administration's new tariff policy shook up global trade. Tariff front-loading and subsequent re-routing of global trade flows posed significant operational challenges in 2025, despite which cargo revenue is expected to grow 2.6 percent this year. Despite non-fuel cost pressures, mainly in the form of rising labor and maintenance costs, airline profit margins have recovered from their 2024 dip, promising new industry records in terms of total profit for this year and 2026.

While hailing the industry's performance in a challenging operating environment, IATA's Director General Willie Walsh bemoaned airline profit margins, which he doesn't consider well-aligned with value the industry creates.

"They [airlines] stand at the core of a value chain that underpins nearly 4 percent of the global economy and supports 87 million jobs. Yet Apple will earn more selling an iPhone cover than the $7.90 airlines will make transporting the average passenger," Walsh argued.

Looking ahead, the IATA expects industry revenues to reach a historic high of $1.05 trillion in 2026, up 4.5 percent from the expected 2025 total.

Airlines on Track for a Record Year | Statista

You will find more infographics at Statista

Passenger revenue is projected to reach $751 billion in 2026, as 5.2 billion passengers are expected to board a commercial plane next year.

"Airlines are expected to generate a 3.9 percent net margin and a $41 billion profit in 2026. That’s extremely welcome news considering the headwinds that the industry faces - rising costs from bottlenecks in the aerospace supply chain, geopolitical conflict, sluggish global trade and growing regulatory burdens among them. Airlines have successfully built shock-absorbing resilience into their businesses that is delivering stable profitability,” Willie Walsh concluded.

Tyler Durden Mon, 12/22/2025 - 20:30

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