Overview
- Trump Media agreed to an all-stock merger with TAE Technologies valued at about $6 billion, with roughly 50–50 ownership and up to about $300 million earmarked to speed TAE’s push toward utility‑scale plants targeted to begin site work in 2026.
- DJT shares jumped 42% on the announcement day, added 8.3% Friday, and gained 3.6% in Monday premarket trading as investors recast the company as a fusion‑energy play.
- Industry coverage describes the combined company as the first large‑cap, pure‑play fusion stock listed on a major U.S. exchange, creating a new public‑market pathway for fusion capital.
- Ethics experts say the president’s financial interest creates conflicts because federal agencies will influence fusion policy and support; the White House rejected the concerns as fabricated.
- The deal requires shareholder and federal regulatory approvals and faces technical, financing, and permitting hurdles, even as TAE brings more than $1.3 billion in prior backing from investors including Google and Chevron Technology Ventures.