Overview
- Shares have fallen about 55% from October highs to under $80, leaving Oklo valued near $12.2 billion.
- Oklo remains pre-commercial and is constructing its first Aurora Powerhouse prototype with no revenue, profits, or customers.
- The Aurora is a factory-built, sodium-cooled fast reactor the company says could deliver up to roughly 75 megawatts for off‑grid uses such as AI data centers.
- The company still lacks authorization to operate commercially, though it was selected on Aug. 13 for the U.S. Department of Energy’s Reactor Pilot Program.
- Analysts highlight speculative trading and warn that additional capital raises may be needed before meaningful revenue materializes.