Kilowatts or connections? Trump’s favored nucIear start-ups soar to riches. Founders of politically connected nucIear companies that have never built a commercial reactor are becoming billionaires. Valuations are “wildly out of touch with what these companies are capable of.”

7 comments

1. That was by design.

   All those con artists knew this was coming and started making trips to Mar-a-Lago last year to kiss the ring, early and often.

   That’s why the DOE website now looks like the homepage for a tech douche’s startup.

2. SMR was just taken to the woodshed with a bad quarter and incoming dilution. The time horizon for a return on profit is a moving dot on the horizon.

3. It’s always a grift for these guys. Tribute paid to the top and get in line for your grift. No consequences though.

4. …. …

   Everyone with common sense knew Data Centers needed power. Lotsa power, so if you didn’t load up on GEV, OKLO, VRT, VST, SMR, – you were in a coma.

   I bought some of all.

   In OKLO @ $10, – had to sell half at $20 by discipline, still got the rest.
   Stop loss tripped on SMR.

5. A tech that soaks up billions of public dollars decades before delivering anything is perfect for friends of trump

6. According to the IAEA there were 68 active designs for SMRs in 2024. There were 83 in 2023. So it looks to me that SMRs are a good way of separating investors from their money…

7. So not only is he going to be responsible for Climate Change in the US, but he’ll also be responsible for radioactive waste leaking into our waters and land.

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