Core Viewpoint - Trump Media's shares surged nearly 25% in premarket trading following the announcement of a merger with TAE Technologies, marking a significant strategic shift from digital media to advanced energy and AI-linked infrastructure [1][5]. Group 1: Merger Details - The merger values the combined business at over $6 billion, with shareholders of both companies owning approximately 50% of the merged entity on a fully diluted basis [2]. - Trump Media will provide up to $200 million in cash at signing, with an additional $100 million available upon the initial filing of a Form S-4 registration statement [3]. Group 2: Strategic Implications - The combined company plans to construct the world's first utility-scale fusion power plant, targeting an initial capacity of 50 megawatts by 2026, with larger facilities planned in the 350 to 500 megawatt range [4]. - This merger represents a strategic pivot for Trump Media, shifting its focus from digital media to advanced energy solutions and AI infrastructure [5].