Trump Media surged 43.55% in after-hours trading following the announcement of a $6 billion all-stock merger with fusion energy company TAE Technologies. The deal, set to create one of the first publicly traded fusion companies, positions Trump Media to leverage TAE’s advanced nuclear fusion technology and aims to construct the world’s first utility-scale fusion power plant by 2026. The merger reflects a strategic shift from social media into high-growth energy innovation, aligning with rising demand for clean energy solutions to power AI data centers. Both companies will hold 50% ownership post-merger, with regulatory and shareholder approvals expected by mid-2026. The transaction, highlighted as a transformative step toward commercializing fusion energy, drove immediate investor optimism in after-hours trading.
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