Oklo’s Nuclear Stock Explosion: 500% Surge – Revolutionary Power Play or Hype Bubble?
Oklo Inc. shares surged over 500% year-to-date, hitting an intraday high above $150 in October and pushing its market cap near $20 billion—despite having no revenue. The rally followed U.S. Department of Energy backing for Oklo’s advanced nuclear projects. Analysts remain divided, with some warning of a bubble and others projecting further gains. Oklo posted a quarterly loss and expects no meaningful revenue until at least 2026.