Trump Media shares surge 24.83% premarket after announcing $6B all-stock merger with TAE Technologies to create public fusion energy company with 2026 plant plans.

Trump Media & Technology Group (DJT) surged 24.83% in premarket trading following the announcement of a $6 billion all-stock merger with TAE Technologies, a leading fusion power company. The deal, which values each TAE share at $53.89 and allocates 50% ownership to each firm’s shareholders, positions the combined entity as one of the first publicly traded fusion energy companies. Key catalysts include TMTG’s $300 million capital infusion to accelerate TAE’s commercialization of utility-scale fusion plants, starting with a 50 MWe project in 2026. The transaction underscores strategic alignment between TMTG’s capital strength and TAE’s advanced fusion technology, with plans to leverage fusion energy to bolster U.S. AI competitiveness and energy security. The merger, subject to regulatory and shareholder approvals, highlights growth potential in the clean energy sector, driving immediate investor optimism.