Part 2/13:
In 2025, a new company, Fermy America, entered the scene promising to capitalize on both these narratives simultaneously. Marketed as an AI energy company with "close alignment" to President Trump, Fermy made a spectacular debut on the NASDAQ, reaching a staggering $15 billion valuation despite generating no revenue. This raises crucial questions about market valuations, the actual substance behind corporate promises, and the influence of political branding.