Trump Media & Technology Group (DJT) Stock Surges After $6 Billion TAE Fusion Deal: Latest News, Forecasts, and What Investors Are Watching (Dec. 19, 2025)
Trump Media & Technology Group shares surged 41.93% to close at $14.86 after announcing a $6 billion all-stock merger with TAE Technologies, a nuclear fusion firm backed by Google. The deal gives each company’s shareholders about 50% of the combined entity, with co-CEOs Devin Nunes and Michl Binderbauer. The merger is expected to close in mid-2026, pending approvals. TMTG will provide up to $300 million in cash.