Oklo Stock Performance Since SPAC Merger Highlights Nuclear Energy’s AI Data Center Appeal
Oklo's market debut through a SPAC merger in May 2024 ignited investor enthusiasm, raising $306 million as the company positioned itself at the intersection of nuclear energy and AI infrastructure demand. The stock's trajectory reflects growing institutional confidence in small modular reactors (SMRs) as a power solution for data centers.
Recent partnerships with two major data center operators to deliver 750MW of capacity—expanding Oklo's pipeline to 2,100MW—demonstrate tangible commercial traction. The strategic acquisition of Atomic Alchemy further diversifies its nuclear technology portfolio beyond energy generation.