Trump Media stock rockets 20% after mega merger announcement

Core Viewpoint - Trump Media & Technology Group and TAE Technologies are merging in an all-stock transaction valued at over $6 billion [1] Company Summary - The merger involves Trump Media & Technology Group, which is focused on media and technology, and TAE Technologies, a company specializing in fusion power [1] - The transaction is structured as an all-stock deal, indicating that no cash will be exchanged, and the valuation exceeds $6 billion [1]