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Trump Media (DJT) Slashes 10.44% on Profit-Taking
Yahoo Finance· 2025-12-23 17:55
Group 1 - Trump Media & Technology Group Corp. (NASDAQ:DJT) experienced a decline of 10.44% on Monday, closing at $14.41, as investors took profits following a previous surge related to its merger announcement [1][5]. - The company has officially signed a definitive merger agreement with TAE Technologies, which is expected to create one of the world's first publicly traded fusion companies [2]. - As part of the merger agreement, Trump Media will provide TAE Technologies with $200 million in cash at signing and an additional $100 million upon the initial filing of Form S4 with the SEC [3]. Group 2 - Following the merger, the combined entity plans to begin construction of the world's first utility-scale fusion power plant next year, which will have a capacity of 50 MWe [3]. - The expansion of fusion power plants is anticipated, with future capacities ranging from 350 to 500 MWe [4]. - Upon completion of the merger, shareholders of both companies will hold an equal 50% stake in the new firm [5].
Trump Media (DJT) Skyrockets 42% on $6-Billion Merger Plan
Yahoo Finance· 2025-12-19 16:37
Core Viewpoint - Trump Media & Technology Group Corp. (NASDAQ:DJT) has seen a significant increase in stock price due to its merger agreement with TAE Technologies, which is valued at $6 billion, marking it as a notable player in the fusion energy sector [1][2][3]. Group 1: Merger Details - Trump Media has officially signed a definitive merger agreement with TAE Technologies, which will be an all-stock transaction [2]. - As part of the merger, Trump Media will provide TAE with $200 million in cash at the signing and an additional $100 million upon the initial filing of Form S4 with the SEC [3]. Group 2: Future Plans - Following the merger, the combined entity plans to begin construction of the world's first utility-scale fusion power plant next year, with an initial capacity of 50 MWe [4]. - The company aims to expand its fusion power plants to capacities ranging from 350 to 500 MWe in the future [4]. Group 3: Strategic Importance - Trump Media emphasizes that fusion power plants are expected to deliver economic, abundant, and reliable electricity, which is crucial for maintaining America's global economic dominance and winning the AI revolution [6]. - Upon completion of the merger, shareholders from both companies will hold an equal 50 percent stake in the new entity [6].