Trump Media stock surges 25% on merger agreement with nuclear fusion firm TAE Technologies

Trump Media & Technology Group (DJT), the parent of President Donald Trump’s Truth Social, has agreed to merge with nuclear fusion company TAE Technologies in an all-stock deal valued at more than $6 billion. DJT shares are higher by 25% in early trading on Thursday, though still remaining sharply lower on a year-to-date basis. The deal will transform Trump Media from a social media operator into a clean energy and financial assets play, said the company in a press release. It builds on a crypto strate ...