alt Hacker NewsOkla really seems like a meme stock. Their original design was rejected by the NRC, so they are very far from ever breaking ground. I don’t understand why their valuation is so high. Why not just take all this money and build an existing, approved design?
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Basically it sounds like what happens in failed countries:
> “It’s not like the NRC asks for an extraordinary amount of information,” said a former nuclear official who was involved in reviewing Oklo’s failed application and spoke on the condition of anonymity to avoid jeopardizing their work in the industry. “The NRC asks three questions: What is the worst that can happen, what are the systems, structures and components in your reactor that prevents that from happening, and how do you know that?”
>“Oklo would only answer them at a very high level,” the person said. “They wanted to say nothing bad can happen to our reactor.”
>DeWitte said Oklo had planned a robust public rebuttal but claims that at the time, NRC officials “threatened us, in a retributional way, not to issue a response letter to correct the record.”
>“Well, they’re gone now,” he added.
https://www.washingtonpost.com/business/2025/11/26/nuclear-e...
The expectation is that their close-to-Trump investors will push for the dismantling of the NRC, which is something Republicans wholly support, which will of course make their rejection moot.
I will be very surprised if Oklo makes it. Insiders have been selling a fair bit over the last couple years because my speculative guess is they know that they cant possible meet the expectations in the market for their product.
They essentially got a ton of traction because Altman was on the board (but since left) but most (not all) tech people don’t understand deep energy problems.