Core Viewpoint - Trump Media Technology Group and TAE Technologies have signed a binding merger agreement valued at over $6 billion, to be executed entirely through stock transactions [2][3]. Group 1: Merger Details - The merger will result in shareholders of both companies owning approximately 50% of the new entity [2]. - The new company plans to establish the world's first utility-scale nuclear fusion power plant with a capacity of 50 megawatts (MWe) by 2026, pending regulatory approval [2]. - Future plans for the nuclear fusion power plant include scaling up to a capacity of 350 to 500 megawatts [2]. Group 2: Company Background - TAE Technologies, founded in 1998 and based in California, is a private technology company specializing in advanced nuclear fusion technology [4]. - Trump Media Technology Group was established by former President Trump in October 2021 and is set to be listed on the NASDAQ in April 2024 [4]. Group 3: Market Reaction - Following the announcement of the merger, Trump Media Technology Group's stock price surged by 41.93%, closing at $14.86 per share [5].
【环球财经】特朗普媒体科技集团宣布与核聚变电力企业合并