TAE, Trump and DJT
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Trump Media & Technology (DJT) shares jumped 42% Thursday after the president’s social-media company agreed to merge with fusion-power company TAE Technologies. After news of the all-stock deal came out,
24/7 Wall St. on MSN
DJT Shares Jump on TAE Technologies Deal as Retail Investors Call It ‘Old School Penny Stock’
Shares of Trump Media & Technology Group (NASDAQ:DJT) surged on December 18 after announcing a $6 billion all-stock merger with fusion energy company TAE Technologies. But retail investors aren’t buying the hype.
Trump Media & Technology Group shifts to nuclear fusion with $6B TAE merger. Click for my DJT stock update and a look at its combination with TAE Technologies.
Likewise, World Liberty Financial, a firm Trump and Steve Witkoff co-founded last year along with their sons, started trading a new token in September. It rose to 25 cents in late September but has yet to take off and on Friday fell to 14 cents.
Stocktwits on MSN
Peter Schiff slams DJT of ‘little intrinsic value’ after Trump Media’s fusion pivot — says political leverage is the real deal
Schiff questioned the company’s shifting strategy, pointing to repeated pivots across unrelated businesses. ・He argued the merger highlights access and influence rather than operating fundamentals. ・The comments came as Trump Media continues to face weak revenue trends and ongoing losses.
Trump Media & Technology Group (DJT) announced a $6B all-stock merger with nuclear fusion company TAE Technologies, reigniting meme stock attention. In a structure that mimics a SPAC, DJT provides up to $300M in cash to TAE, which is aiming for commercial fusion electricity by 2031.