Trump Media & Technology Group (DJT) stock is extending last week’s rally following the company’s announcement that it will merge with fusion company TAE Technologies. The stock jumped 33% immediately after Thursday’s announcement, added another 8% on Friday, and then moved higher in early trading on Monday. In all, shares are up 38% in the past five-day period.
The all-stock deal, valued at more than $6 billion, is expected to close in mid-2026 and signals an abrupt shift in strategy for Trump Media, which primarily operates the Truth Social platform that has failed to turn a profit. Fusion power is considered a futuristic technology to produce electricity without the risks of nuclear power, but there are no commercial plants operating on fusion technology to generate power.
