Trump Media jumps on $6 billion merger deal with fusion power firm TAE
ReutersDec 18, 2025 11:50 AM
Trump Media & Technology Group's DJT.O shares rise 35.8% to $14.22 premarket
DJT will merge with privately held fusion energy developer TAE Technologies in an all-stock deal valuing the combined business at more than $6 billion, companies say
After the closing of the deal, shareholders of each company will own about 50% of the combined company
Devin Nunes, Trump Media's CEO, and Michl Binderbauer, TAE's CEO, are slated to serve as co-CEOs of the combined company
As of last close, DJT had fallen ~69% this year
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