Last year, fusion power startup General Fusion was struggling to raise funds, laying off at least 25% of its staff before receiving a $22 million lifeline investment while it figured out how to keep the company afloat. Today, General Fusion revealed its survival plan: It will go public through a reverse merger with a special purpose acquisition company, Spring Valley III, combined with additional investment from institutional investors. It’s a significant change in fortunes for a company whose CEO wrote ...

Core Insights - Trump Media & Technology Group Corp. (TMTG) and TAE Technologies, Inc. (TAE) are in the process of site selection for the first fusion power plant utilizing TAE's technology, with construction expected to start in 2026 [2][4] - The initial fusion power plant is planned to have a capacity of 50 MWe, with future plants projected to range from 350 to 500 MWe [2][3] Company Overview - TMTG aims to counteract Big Tech's censorship by providing platforms for free expression, including Truth Social, a social media platform, and Truth+, a family-friendly streaming service [5] - TAE Technologies focuses on developing sustainable fusion power solutions and operates subsidiaries in energy storage and life sciences [6] Merger Details - TMTG and TAE have signed a definitive merger agreement valued at over $6 billion, with the transaction expected to close in mid-2026, pending regulatory and shareholder approvals [4] - Devin Nunes and Dr. Michl Binderbauer will serve as co-CEOs of the combined entity [4] Site Selection Criteria - The site for the fusion power plant must be a minimum of 20 acres, have access to a primary distribution grid, be near a metropolitan hub, and have supportive local and state governments [7] - Security for infrastructure and personnel is also a critical factor in site selection [7] Technology and Market Potential - TAE's fusion technology aims to provide reliable, affordable, and carbon-free electricity while avoiding risks associated with traditional nuclear power [3] - The increasing demand for power and the safety profile of fusion energy are seen as significant advantages for the deployment of this technology [3]

Core Viewpoint - Investors are increasingly interested in Trump Media & Technology Group Corp (NASDAQ:DJT) due to its merger with fusion startup TAE Technologies, which is seen as a strategic move in the context of rising energy demands driven by artificial intelligence [1][2]. Company Overview - Trump Media, the parent company of Truth Social, plans to merge with TAE Technologies in a deal potentially valued at up to $6 billion, with TAE aiming to start construction of its fusion power plant by 2026 [2]. Industry Context - The demand for electricity driven by AI could reach approximately 130 to 150 gigawatts by the end of the decade, representing about 10% to 15% of total electricity load [3]. - The peak load from AI will continuously draw from the grid, posing challenges for the existing power infrastructure [4]. Fusion Technology Insights - Fusion power is gaining attention due to its regulatory advantages over traditional nuclear energy, being described as "clean nuclear with no risk of a meltdown" [5]. - The potential for fusion technology is significant, with speculation suggesting it could represent a "10, 100 plus X opportunity" if key milestones are achieved [5]. Strategic Importance - The situation is likened to the United States' Manhattan Project, emphasizing the urgency of addressing power supply issues as the country falls behind in advanced manufacturing compared to Asia [6].

Group 1 - Trump Media & Technology Group (DJT) stock has experienced a significant rally, increasing by 38% over the past five days following the announcement of a merger with TAE Technologies [1][2] - The all-stock merger deal is valued at over $6 billion and is expected to close in mid-2026, marking a strategic shift for Trump Media, which has struggled to achieve profitability with its Truth Social platform [2] - The company was formed in 2021 and went public in 2024 through a SPAC merger, currently holding a market capitalization of approximately $4 billion [4] Group 2 - Trump Media promotes itself as a platform for free speech, operating Truth Social and a video streaming service called Truth+, with plans for a financial services brand [5] - Despite the recent stock increase, DJT stock has been a disappointment, down 58% year-to-date and trading over 80% below its all-time high, while the S&P 500 has risen by 16% this year [6] - The company is not profitable, and its price-to-sales (P/S) ratio is currently at 1,244x, although it was over 1,800 earlier this year [7]

Trump Media & Technology Group stock surged 34% on Thursday. The parent company of Truth Social announced that it would be merging with TAE Technologies. The deal with the fusion power company has been cast as part of the wider US AI agenda. The move: Trump Media & Technology Group stock surged as much as 34% on Thursday. The parent company of Truth Social has struggled in 2025, with shares down 60% year-to-date. Why: Trump Media is merging with fusion energy company TAE Technologies in an all-stoc ...

Core Insights - Trump Media and Technology Group (TMTG) has entered into a definitive merger agreement with TAE Technologies, a fusion power company, valued at over $6 billion, expected to close in mid-2026 [3][5]. - TMTG holds 11,542 Bitcoin (BTC), valued at more than $1 billion, making it the 11th largest corporate holder of Bitcoin [1][2]. - Following the merger announcement, TMTG's stock surged by as much as 45%, reaching an intraday high of $15.20 before closing at $14.86 [5]. Company Overview - TMTG is the parent company of Truth Social, Truth+, and Truth.Fi, and is majorly owned by U.S. President Donald Trump [1]. - The company has partnered with Crypto.com to explore exchange-traded funds (ETFs) linked to cryptocurrencies and a proposed prediction market [2]. Financial Highlights - TAE Technologies has raised over $1.3 billion in private capital from notable investors including Google, Goldman Sachs, and Charles R. Schwab [4]. - The merger is anticipated to facilitate the construction of the first utility-scale fusion power plant by 2026, aimed at enhancing U.S. competitiveness in the global AI landscape [3][5]. Market Reaction - TMTG's stock was trading at $16.28 at the time of reporting, reflecting a significant increase following the merger announcement [6].

Update Thursday, December 18, 1:35 p.m.: Shares of Trump Media and Technology Group (Nasdaq: DJT) remained elevated throughout early trading on Thursday following the Truth Social parent company's eye-opening announcement that it will merge with the privately held fusion energy company TAE Technologies. As of midday, the stock was up more than 40% to roughly $14.67 a share. The stock is still down roughly 56% year to date. Shares had peaked for the year in January, early into President Trump's second term. ...

Core Insights - Trump Media & Technology Group (TMTG) shares have experienced a significant decline, down nearly 70% this year, but saw a recovery of over 35% in morning trading following a merger announcement with TAE Technologies [1][2][4]. Company Overview - TMTG, the parent company of Truth Social, is part-owned by former President Donald Trump and has lost more than half its value this year, significantly dropping from early year highs [2][4][6]. - The company announced a $6 billion all-stock merger with TAE Technologies, a privately owned fusion power company, with shareholders of both companies expected to own about half of the combined entity upon closing [2][7]. Merger Details - The merger is expected to close in mid-2026, with plans to commence construction of the first utility-scale fusion power plant in the same year [5][7]. - The combined company aims to provide economic, abundant, and dependable electricity, which is positioned as crucial for maintaining America's global economic dominance and advancing in the A.I. sector [5][6]. Leadership Structure - Devin Nunes, CEO of TMTG, and Dr. Michl Binderbauer, CEO of TAE Technologies, will serve as co-CEOs of the merged company [5]. Market Performance - TMTG shares reached nearly $80 at their public debut in March 2024 but closed at $10.47 on the last trading day before the merger announcement [6].

The merged entity will start building the “world’s first utility-scale fusion power plant” next year, the companies claimed.Learn more: https://t.co/nuZOtUhJMJ📸: Andrew Caballero-Reynolds/AFP via Getty Images https://t.co/mgAG1wNHGs ...

Core Viewpoint - The planned merger between Trump Media & Technology Group (TMTG) and TAE Technologies aims to create significant value for shareholders and is positioned as a transformative business combination that will leverage advanced technology for energy dominance [2][3]. Group 1: Merger Details - The merger is expected to create substantial value for the shareholders of both TMTG and TAE Technologies [2]. - TMTG has developed infrastructure aimed at securing free expression online, which aligns with the transformative goals of the merger [3]. Group 2: Technological Impact - The collaboration with TAE Technologies is focused on advancing fusion power, which is anticipated to be a major breakthrough in energy technology, comparable to the advent of commercial nuclear energy in the 1950s [3]. - The innovation in fusion power is projected to lower energy prices, increase supply, and enhance America's position in artificial intelligence and manufacturing [3].