Nuclear Startup Oklo’s Stock (OKLO) Surges 1000% Amid Energy Sector Boom
Oklo Inc. (OKLO), a nuclear energy startup developing compact fast reactors, has seen its stock price skyrocket 1096.56% over the past year, with a 227% gain year-to-date. Shares traded at $69.89 on Friday, buoyed by growing demand for clean energy solutions and government support for nuclear technology.
The company’s Aurora reactor design aims to provide scalable, emission-free power—a critical advantage as tech firms scramble to build energy-hungry AI data centers. Competitors like NuScale (SMR) and uranium supplier Cameco (CCJ) have ridden similar momentum, reflecting renewed investor appetite for nuclear infrastructure plays.