Oklo CEO wants to make clean nuclear energy more accessible [Yahoo! Finance]
Oklo Inc. Class A common stock (OKLO)
Company Research
Source: Yahoo! Finance
Tech players have begun investing in nuclear energy developers to find the clean energy output needed to power these expansions. Oklo Inc. ( OKLO ) is one of these names benefitting from the trend , its stock having jumped nearly 200% over the past month. The nuclear startup is backed by OpenAI CEO Sam Altman , who is also Oklo's chairman. Oklo Co-Founder and CEO Jake DeWitte joins Julie Hyman and Josh Lipton on Market Domination to talk about the long-term investments in small modular reactors (SMR) and the intricacies of these systems; Oklo doesn't expect to finish building its first SMR and producing power from it until 2027. "When you split an atom, you get almost 50 million-times more energy than when you combust like a molecule of natural gas or so. It's incredible," DeWitte tells Yahoo Finance. "What that means, then, is there's a lot of energy in nuclear fuel. And actually in almost all reactors, you only use about 5% of the fuel in one pass through the reactor. And ther
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OKLO
News
- Institutional investors may overlook Oklo Inc.'s (NYSE:OKLO) recent US$346m market cap drop as long-term gains remain positive [Yahoo! Finance]Yahoo! Finance
- Oklo Announces Date for Third Quarter 2024 Financial Results and Business Update CallBusiness Wire
- Oklo CEO on nuclear energy, bitcoin peaks above $73K: Market Domination [Yahoo! Finance Canada]Yahoo! Finance Canada
- Oklo CEO on nuclear energy, bitcoin peaks above $73K: Market Domination [Yahoo! Finance]Yahoo! Finance
- Oklo CEO wants to make clean nuclear energy more accessible [Yahoo! Finance Canada]Yahoo! Finance Canada
OKLO
Sec Filings
- 10/15/24 - Form 424B3
- 10/15/24 - Form 8-K
- 9/19/24 - Form EFFECT
- OKLO's page on the SEC website