Trump Media jumps on $6 billion merger deal with fusion power firm TAE

Trump Media & Technology

18/12/2025 11:50

** Trump Media & Technology Group's DJT.O shares rise 35.8% to $14.22 premarket

** DJT will merge with privately held fusion energy developer TAE Technologies in an all-stock deal valuing the combined business at more than $6 billion, companies say

** After the closing of the deal, shareholders of each company will own about 50% of the combined company

** Devin Nunes, Trump Media's CEO, and Michl Binderbauer, TAE's CEO, are slated to serve as co-CEOs of the combined company

** As of last close, DJT had fallen ~69% this year

 (Reporting by Jaspreet Singh in Bengaluru)

 ((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))