Trump Media's nuclear fusion partner faces debt accusations.
The merger deal between the social media empire owned by U.S. President Trump and a nuclear fusion startup company valued at $6 billion will inject up to $300 million in funding into the ambitious energy producer TAE Technologies. TAE Technologies has been accused multiple times of not paying suppliers and vendors. In the past 16 months, at least nine suppliers have filed lawsuits, alleging that the company has unpaid invoices for specialized parts, recruiting fees, and rent. TAE Technologies stated that the company is conducting a comprehensive review of overdue supplier bills and will address verified debts in an orderly and responsible manner based on financial controls and long-term operational plans.
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