Oklo Just Cleared a Big Hurdle—and Its Stock Is Rising

Oklo’s losses deepened in its latest quarter, but the nuclear start-up remains committed to building a first-of-its-kind powerhouse that just cleared a major regulatory hurdle. Oklo finished the quarter with $1.59 billion in cash and cash equivalents and $614.5 million in marketable debt securities. With no revenue to analyze, Oklo’s health is difficult to gauge.