NuScale Power’s Volatile Ride Amid Nuclear Energy Push
NuScale Power's stock plummeted 31% in August, a stark contrast to its 432% surge over the past year. The small modular reactor (SMR) designer, now valued at $11.5 billion, remains a speculative play with negligible revenue and heavy cash burn. Market euphoria followed President Trump's executive order accelerating advanced nuclear technologies, but reality is setting in.
As the only NRC-approved SMR developer, NuScale holds a theoretical edge. Yet its sole potential contract with a Romanian utility underscores the gap between regulatory milestones and commercial traction. The stock's wild swings reflect the high-risk nature of pre-revenue nuclear ventures—where policy tailwinds collide with execution risks.