--- title: "OpenAI's Sam Altman Is Betting Big on Nuclear -- Should You Follow Him Into Oklo?" type: "News" locale: "en" url: "https://longbridge.com/en/news/293814273.md" description: "Oklo (OKLO) stock has plummeted 75% from its peak, despite OpenAI's Sam Altman's significant investment. While Oklo aims to provide nuclear power for AI data centers via small modular reactors and has secured contracts with Meta, it currently generates zero revenue and faces negative free cash flow. The company lacks an NRC-approved reactor design, meaning commercial operations are years away. Given the high valuation relative to its current financials and regulatory hurdles, the article advises against buying the dip due to substantial investor risk." datetime: "2026-07-25T06:11:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293814273.md) - [en](https://longbridge.com/en/news/293814273.md) - [zh-HK](https://longbridge.com/zh-HK/news/293814273.md) --- # OpenAI's Sam Altman Is Betting Big on Nuclear -- Should You Follow Him Into Oklo? Sam Altman is well known for leading OpenAI, the disruptive force that created the artificial intelligence (AI) revolution. But he is also a disruptive force as a backer of technologies across a range of industries, most famously at nuclear energy start-up **Oklo** (OKLO \-8.52%). The stock went on a miracle run last year on bullish enthusiasm tied to the power needs of AI data centers, hitting a market cap of around $25 billion in 2025. Now shares are down 75% in less than a year. Does that mean you should follow Altman and his investment worth hundreds of millions of dollars and buy the dip on Oklo stock? Expand ![Oklo Stock Quote](https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL09LTE8ucG5nJnc9MTI4?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) ## NYSE: OKLO Oklo Today's Change (-8.52%) $-3.75 Current Price $40.25 ### Key Data Points Market Cap $7.0BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary. Day's Range $40.15 - $43.61 52wk Range $39.53 - $193.84 Volume 10.2M Avg Vol 12.2M ## Nuclear energy innovation Nuclear energy may be a way to generate electricity for power-hungry AI data centers without raising residential electric bills. Companies like Oklo are designing small modular reactors that can directly power these data centers, skipping the electric grid. In fact, Oklo aims to build its own nuclear power facilities and operate them for customers such as **Meta Platforms**, which has signed a large agreement with Oklo. Such contracts could generate reliable revenue in the billions of dollars year after year for AI data centers. Oklo is currently working with the Department of Energy on a pilot reactor in Idaho to pave the way for this future growth. However, as of this writing, its design has not been fully approved by the Nuclear Regulatory Commission. ![A worker looking up at a nuclear power plant with steam flowing out of it. ](https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84ODAyNTMvbnVjbGVhci1wb3dlci5qcGcmdz0zODQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) Image source: Getty Images. ## The truth about Oklo stock The fact that Oklo does not have a working reactor design today means it might be many years -- if not a decade -- before it starts operating its first power plant for a customer like Meta Platforms. Right now, it is generating zero revenue and will generate only a negligible amount from its isotope business for the foreseeable future. Over the last 12 months, free cash flow was negative $154 million. This figure will only get worse as the business scales up manufacturing. Plus, even after this share price collapse, Oklo still trades at a market cap of $7.6 billion, despite zero revenue. A combination like this is a recipe for massive investor risk. Just because the stock has already fallen 75% does not mean it cannot fall another 75% from here. Avoid buying the dip on Oklo stock today. ### Related Stocks - [OKLO.US](https://longbridge.com/en/quote/OKLO.US.md) - [OKLL.US](https://longbridge.com/en/quote/OKLL.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [METD.US](https://longbridge.com/en/quote/METD.US.md) - [FBL.US](https://longbridge.com/en/quote/FBL.US.md) - [METU.US](https://longbridge.com/en/quote/METU.US.md) - [METW.US](https://longbridge.com/en/quote/METW.US.md) - [OKLS.US](https://longbridge.com/en/quote/OKLS.US.md) - [FBY.US](https://longbridge.com/en/quote/FBY.US.md) - [FBYY.US](https://longbridge.com/en/quote/FBYY.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md) ## Related News & Research - [08:33 ETOmneky Launches Self-Service ChatGPT Advertising](https://longbridge.com/en/news/296107250.md) - [Instagram Head of Product Design Explains Thinking Behind That New Logo and Responds to Critics: ‘It’s Important for Us to Embrace the Future’](https://longbridge.com/en/news/296134477.md) - [Meta Platforms, Inc. $META Shares Bought by Empirical Financial Services LLC d.b.a. 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