Oklo Inc. designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.

Goodwin William Carroll Murphy

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As AI and data centers face energy bottlenecks limiting growth, SpaceX and nuclear energy company Oklo present unique solutions. SpaceX is developing orbital data centers to reduce cooling costs through space deployment, while Oklo uses small modular reactors to provide faster, cheaper nuclear power for data center infrastructure. Both companies are positioned to capitalize on the projected $7 trillion global data center spending by 2030.

SpaceX and This Nuclear Stock Could Turn $10,000 Into a Fortune

The article compares two nuclear energy stocks—NuScale Power and Oklo—both positioned to benefit from AI data center energy demand and government backing for nuclear expansion. While NuScale holds regulatory approval for its small modular reactor design, Oklo is recommended as the better buy due to stronger partnerships with the DOE and Nvidia, operational progress toward criticality, and a larger cash balance of $2 billion.

NuScale Power vs. Oklo: Which Nuclear Stock Is a Better Buy in 2026?

Oklo stock surged 7.5% after the U.S. Department of Energy selected it and four other nuclear companies to negotiate participation in the Surplus Plutonium Utilization Program. The partnership with European firm newcleo would use surplus plutonium as fuel for advanced reactors, addressing nuclear waste concerns and fuel supply constraints. However, regulatory approval and commercialization could take years.

Why Oklo Stock Just Popped

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Oklo Inc. (OKLO) Stock Price, Analysis & Trade Signals