Oklo Vs. X-Energy: Is the New Nuclear IPO the Better Buy?
Article excerpt
Oklo and X-Energy are next-generation nuclear stocks with unconventional reactor designs. Both businesses are in their pre-commercial phase, making them speculative investments. One company has a slight edge. Sometimes it's good to be the hot new stock in an industry ripe for disruption. And that's exactly what Oklo (NYSE: OKLO) was when it went public in May 2024 through a SPAC (special purpose acquisition company) merger. The small modular reactor (SMR) company had a compelling plan focused on artificial intelligence (AI), support from AI guru Sam Altman, and an incoming nuclear-friendly presidential administration. But one problem with being the hot new stock is that you eventually become the not-so-new stock, leaving room for another company to assume that role. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » That's exactly what happened in April when X-Energy (NASDAQ: XE) went public. This new SMR company has a compelling AI-focused plan, support from AI hyperscaler Amazon (NASDAQ: AMZN), and a nuclear-friendly presidential administration. Wait a minute... this sounds familiar! So, which of these next-generation nuclear stocks looks like a better...
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Oklo is currently building its first Aurora Powerhouse on the grounds of the DOE's Idaho National Laboratory .
