Core Insights - Trump Media & Technology Group (DJT) shares surged 35% following the announcement of a merger with TAE Technologies in a $6 billion all-stock deal [1] - The merger aims to combine Trump Media's capital access with TAE's fusion technologies, positioning the new entity to lead in AI and energy sectors [2][3] Company Developments - The merger has been approved by both companies' boards and is expected to close by mid-2026, with shareholders owning approximately 50% of the combined entity [3] - Trump Media will provide TAE with $200 million in cash at signing and an additional $100 million upon filing an S-4 with the SEC [3] - The merged company plans to construct the world's first utility-scale fusion power plant, aiming to transform America's energy supply [3] Financial Advisory - Yorkville Securities is serving as the lead financial and M&A advisor for the merger, having previously assisted Trump Media in raising $2.5 billion for Bitcoin purchases [4]
Trump Media Shares Soar Amid Planned $6 Billion Merger With Fusion Power Firm