Trump Media (DJT) saw a 42% surge in its stock price on Thursday, closing at $14.86 per share after news of a $6 billion merger with TAE Technologies, Inc. The merger involves an all-stock transaction, with Trump Media providing $200 million in cash at signing and an additional $100 million upon filing. The combined company plans to construct the world’s first utility-scale fusion power plant, with future plans for larger plants. The merger agreement would result in both parties’ shareholders owning an equal 50% stake in the newly formed entity.

Read more at Yahoo Finance: Trump Media (DJT) Skyrockets 42% on $6-Billion Merger Plan