Even Elon Musk Now Admits Natural Gas Isn't Going Away. Here's What That Means for Nuclear Energy Stocks, Including NuScale Power and Oklo
Elon Musk has reversed his stance on natural gas, acknowledging it will play a long-term role as a bridge fuel, particularly to support SpaceX's growing energy demands. This shift threatens the near-term growth prospects of small modular reactor (SMR) companies like NuScale Power and Oklo, as AI companies may opt for cheaper natural gas solutions instead of waiting for SMR deployment. The delay could stretch cash flow timelines and increase financial uncertainty for unprofitable SMR developers.
Read the full story at The Motley Fool ↗IntelliStock summarizes and links to the original publisher. Data delayed 15 minutes.