New York, Jan 12, 2026, 04:54 EST — Premarket
- Oklo shares climbed roughly 8% in early premarket trading, building on last week’s surge.
- Meta’s move into nuclear energy has spotlighted small-reactor developers and companies tied to the power grid.
- Investors want clearer info on funding, permits, and timelines.
Shares of Oklo Inc jumped roughly 7.9%, reaching $105.31 in early premarket action on Monday.
The rally extends last week’s momentum, driven by renewed Big Tech interest in reliable power—a trend funneling capital into nuclear and its supply chain. Oklo’s appeal isn’t current output but the prospect of a long-term contract and a quicker route to funding.
Meta Platforms announced on Friday it has sealed 20-year deals to buy power from three Vistra nuclear plants and will collaborate with Oklo and TerraPower on small modular reactors (SMRs)—smaller, more easily replicated reactors compared to traditional large facilities. The agreements could supply up to 6.6 gigawatts of nuclear power by 2035. Joel Kaplan, Meta’s chief global affairs officer, called the move a step toward making Meta “one of the most significant corporate purchasers of nuclear energy in American history.” Oklo CEO Jacob DeWitte added that Meta’s backing will support “early procurement and development.” (Reuters)
Oklo announced its deal with Meta pushes ahead plans for a 1.2-gigawatt power campus in Pike County, Ohio. The agreement includes a provision for Meta to prepay for power and bankroll work to finalize the project details. Oklo plans to use these funds to secure nuclear fuel and advance Phase 1. DeWitte confirmed the company has completed the purchase of over 200 acres in Pike County. (Oklo)
Before the bell, other nuclear-related stocks climbed as well. Vistra jumped roughly 10.5%, while NuScale Power added around 4.3% in premarket action.
Insider selling has caught some investors’ attention following recent sharp rallies. A Form 4 filed Jan. 9 revealed that Oklo co-founder and COO Caroline Cochran sold shares on Jan. 7 and 8 under a Rule 10b5-1 plan, which allows pre-scheduled trades. (SEC)
The story isn’t straightforward. Oklo must navigate regulatory hurdles before selling commercial power, and SMR projects face a slew of permitting and execution risks that often push timelines around.
Meta’s deals come amid growing pressure on an already stretched mid-Atlantic power grid, strained by new data centers. Jesse Jenkins, assistant professor of engineering at Princeton University, cautioned that launching Meta’s Prometheus project without adding fresh power supply “will only increase electricity rates across the mid-Atlantic grid.” (AP News)
Traders are now focused on whether Monday’s initial surge holds steady as liquidity picks up, or if the stock will slip back as investors shift away from the biggest winners.
