Trump Media Technology Group's pre-market gains widened to 37.5%.

PANews reported on December 18 that, according to Jinshi Data, Trump Media Technology Group (DJT.O) continued its upward trend, with pre-market gains once expanding to 37.5%.

Market sources indicate that Trump Media Technology Group (DJT.O) will merge with TAE Technology in an all-stock transaction. The deal is expected to close by mid-2026. Trump Media Technology Group stated that the merged company anticipates selecting a site and beginning construction of its first utility-scale nuclear fusion power plant in 2026. Fusion energy will pave the way for US AI dominance and energy security. The transaction values each TAE share at $53.89. Up to $200 million in cash will be provided upon signing. After the transaction, the company will become the holding company of Truth Social (Truth+), Truth Finance (Truth.FI), TAE, TAE Power Solutions, and TAE Life Sciences.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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