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Trump Media (DJT) Skyrockets 42% on $6-Billion Merger Plan

We recently published 10 Firms Stealing the Show on Wall Street. Trump Media & Technology Group Corp. (NASDAQ:DJT) is one of the best performers on Thursday.

Trump Media soared by 41.93 percent on Thursday to close at $14.86 apiece as investors repositioned portfolios following news that it was set to merge with TAE Technologies, Inc. for $6 billion.

In a statement, Trump Media & Technology Group Corp. (NASDAQ:DJT) said that it officially signed a definitive merger agreement with TAE Technologies to combine in an all-stock transaction, which is viewed to create one of the world’s first publicly traded fusion companies.

As part of the agreement, Trump Media & Technology Group Corp. (NASDAQ:DJT) would provide TAE with $200 million in cash at the signing date, and an additional $100 million upon the initial filing of Form S4 on mergers, acquisitions, and exchange offers to the Securities and Exchange Commission.

After a successful merger, the combined company would immediately begin next year the construction of the world’s first utility-scale fusion power plant, capable of powering 50 MWe.

Thereafter, it would ramp up the expansion of fusion power plants with capacities ranging from 350 to 500 MWe.

“Fusion power plants are expected to provide economic, abundant, and dependable electricity that would help America win the AI revolution and maintain its global economic dominance,” Trump Media & Technology Group Corp. (NASDAQ:DJT) said.

Upon the completion of the transaction, shareholders of each party would own an equal 50 percent stake in the combined firm.

While we acknowledge the risk and potential of DJT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DJT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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