Trump Media Shares Soar Amid Planned $6 Billion Merger With Fusion Power Firm
Trump Media & Technology Group (DJT) shares rose 35% after announcing a $6 billion all-stock merger with fusion power company TAE Technologies. Despite the jump, shares remain down over 58% year-to-date. The merger will create a combined company equally owned by shareholders from both firms, aiming to link Trump Media’s access to capital with TAE’s fusion energy technology. Trump Media will provide TAE with $200 million in cash at signing and an additional $100 million upon S-4 SEC filing. The combined entity intends to begin construction on the world’s first utility-scale fusion power plant after the expected completion of the merger in mid-2026. The boards of both companies have approved the deal, pending customary closing conditions. Leadership will include Devin Nunes, Dr. Michl Binderbauer, and Donald Trump Jr. Yorkville Securities is advising the transaction and also worked with Trump Media’s prior financial deals. The merger is positioned as a move to lead in AI and kick-start an American energy renaissance, but potential impacts on Trump Media’s crypto initiatives remain unclear.
