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Trump Media to merge with fusion power company TAE Technologies in $6 billion deal [View all]
https://www.cnbc.com/2025/12/18/trump-media-djt-tae-fusion-merger.htmlTrump Media and Technology Group on Thursday announced a merger agreement with TAE Technologies, a fusion power company, valued at more than $6 billion.
The all-stock deal, expected to close in mid-2026, will result in shareholders of each firm owning approximately half of the combined company.
The merger would create “one of the world’s first publicly traded fusion companies,” according to a press release.
Trump Media stock rocketed more than 19% higher in premarket trading.
The all-stock deal, expected to close in mid-2026, will result in shareholders of each firm owning approximately half of the combined company.
The merger would create “one of the world’s first publicly traded fusion companies,” according to a press release.
Trump Media stock rocketed more than 19% higher in premarket trading.
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