Can Oklo's $20 Billion Story Survive Without Revenue?
Photo illustration by Cheng Xin/Getty ImagesGetty ImagesOklo Inc. (NYSE: OKLO) currently holds a valuation on paper greater than that of certain well-established energy firms — despite the fact that it has not yet generated any revenue. In a matter of months, this Silicon Valley-style nuclear startup has surged into the forefront of the market, earning comparisons to Tesla during its nascent years and eliciting skepticism similar to that seen during the 2021 SPAC boom.What exactly is fueling this surge — an ...