Kilowatts or connections? Trump’s favored nucIear start-ups soar to riches. Founders of politically connected nucIear companies that have never built a commercial reactor are becoming billionaires. Valuations are “wildly out of touch with what these companies are capable of.”
Source: mafco
2 Comments
That was by design.
All those con artists knew this was coming and started making trips to Mar-a-Lago last year to kiss the ring, early and often.
That’s why the DOE website now looks like the homepage for a tech douche’s startup.
SMR was just taken to the woodshed with a bad quarter and incoming dilution. The time horizon for a return on profit is a moving dot on the horizon.