On July 22, Oklo Inc. rose 5.76% in regular trading, trading at $46.92/share, with turnover of $118 million. The stock extended gains after being identified as a participant in the Trump administration's next-generation nuclear power station construction plan.
According to leaked documents, advanced reactor suppliers Oklo and X-Energy will join a roughly $200 million initiative co-developed with tech giants including Microsoft and NVIDIA, aimed at meeting the surging electricity demands of AI data centers. The US Department of Energy is expected to disclose further details at an AI Energy Summit as early as Wednesday, with national laboratories and institutions set to share approximately $60 million in funding over the next three years for next-gen nuclear and AI energy infrastructure research.
At the company level, Oklo's Groves Isotope Test Reactor in Texas has received DOE final safety analysis approval, with only readiness review and startup authorization remaining before nuclear fuel loading. The company is targeting first criticality within July. The convergence of government policy support, AI-driven power demand growth, and the company's imminent reactor milestone drove the stock higher.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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