Oklo’s $20 Billion Nuclear Ambitions Face Regulatory and Market Scrutiny
Oklo, a nuclear startup backed by Sam Altman, seeks to deploy sodium-cooled reactors by 2027 despite having no operating license or binding contracts. Its surging stock valuation has drawn both investor enthusiasm and warnings of a potential bubble in AI-energy ventures.
Sky-High Valuation Amid Operational Hurdles
Oklo, a Silicon Valley-based nuclear technology company, has reportedly reached a stock market valuation exceeding $20 billion despite generating no revenues and lacking a license to operate reactors, according to financial reports. Sources indicate the firm’s shares have surged over 500% since January, fueled by retail investor enthusiasm for its goal of powering energy-intensive data centers driving the artificial intelligence boom.