Trump Media & Technology Group and TAE Technologies agreed to merge through an all-share transaction with a transaction value of over $6 billion. According to Thursday's announcement, the deal will create one of the world's first publicly listed nuclear fusion companies. The company plans to start construction of the world's first utility-scale nuclear fusion power plant next year, and the necessary approvals are still required. After the transaction is completed, each company's shareholders will hold approximately 50% of the combined company's shares based on the fully diluted share ratio.

Zhitongcaijing · 2d ago
Trump Media & Technology Group and TAE Technologies agreed to merge through an all-share transaction with a transaction value of over $6 billion. According to Thursday's announcement, the deal will create one of the world's first publicly listed nuclear fusion companies. The company plans to start construction of the world's first utility-scale nuclear fusion power plant next year, and the necessary approvals are still required. After the transaction is completed, each company's shareholders will hold approximately 50% of the combined company's shares based on the fully diluted share ratio.