**Key Points on Oklo’s Market Performance and Potential**
Oklo (NYSE: OKLO), a nuclear start-up backed by Sam Altman, is currently seeking a Nuclear Regulatory Commission (NRC) license to commercialize its microreactors designed for on-site power generation. After experiencing a significant decline of over 50% on its first trading day on May 10, 2024, the stock has rebounded dramatically, surging more than tenfold, resulting in early investors seeing gains of up to 1,000%.
The company’s microreactors, known as “Aurora powerhouse,” could dominate the market if demand from data centers continues to soar. However, to reach a valuation of one trillion dollars—a goal that would necessitate a one-hundred-fold increase—Oklo faces substantial challenges in an industry expected to grow only about 5% annually. As of October, an initial investment of $10,000 in Oklo would have been worth over $200,000 at its peak.
