Core Insights - Oklo has experienced significant growth in its stock value over the past year, driven by increasing investor interest in nuclear energy as a solution for powering data centers supporting AI computing [1][5][7] - The company successfully completed a merger with a SPAC in May 2024, raising approximately $306 million, which further fueled investor enthusiasm [2] - Oklo's stock has vastly outperformed the market, with a $1,000 investment made on August 21, 2024, growing to $9,929 within a year [7] Company Developments - In November 2024, Oklo announced partnerships with two major data center providers to deliver up to 750 megawatts (MW) of power, expanding its project pipeline to around 2,100 MW [5][6] - The company has also engaged in projects with Vertiv and Liberty Energy to enhance data center infrastructure, indicating strong ongoing interest from data center companies [6] - Oklo broadened its scope by acquiring Atomic Alchemy, a specialist in radioisotope production, diversifying its business interests [6] Investment Considerations - Despite the strong performance, investing in Oklo remains speculative as the company is still preparing to commence commercial operations [8] - For more conservative investors, nuclear energy exchange-traded funds may provide exposure to the sector while reducing the risks associated with a single investment in Oklo stock [9]
If You'd Invested $1,000 in Oklo Stock Last Year, Here's How Much Money You'd Have Today