alt Hacker NewsPresumably it’ll end up like the NuScale one, raise a few billion for design and prototyping and then every 6 months or so increase the target wholesale price by 50% until it makes no sense at all economically to begin primary construction. They’ll reverse IPO along the way and manipulate the stock enough to get insiders paid out while the carcass of a company trundles along.
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rgmerk • today at 1:29 AM
In theory, at least, they have finished their design, had it reviewed by the NRC, and had it approved, so there should be no significant design changes.
But that also applies for the current generation of reactors and nobody can build them to schedule or budget in the USA or Europe.
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No. They have Bill Gates as a founder. Bill Gates understands that nuclear is a long game.
> They’ll reverse IPO along the way and manipulate the stock enough to get insiders paid out while the carcass of a company trundles along.
I'm not sure what "reverse IPO" means, maybe you mean they'll be acquired by a SPAC, like NuScale was. I doubt it. Bill Gates founded Terrapower in 2008, he is not looking for a quick buck.