Here is Why Oklo (OKLO) Surged Today

The share price of Oklo Inc. (NYSE:OKLO) surged by 23.04% on May 23, 2025. Let’s shed some light on the development.

Backed by OpenAI’s Sam Altman, Oklo Inc. (NYSE:OKLO) develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to customers in the United States.

Oklo Inc. (NYSE:OKLO) rallied on Friday after President Trump signed an executive order to boost America’s nuclear energy industry by streamlining the construction of new reactors and ensuring the domestic mining and enrichment of uranium. Aimed to ensure the country’s energy security, the strategic move will help meet America’s rising electricity demand, which is expected to surge to record levels in 2025 and 2026 amid an increased demand from data centers powering the ongoing AI boom.

The order pays special attention to small modular reactors as they are relatively more affordable, versatile, and quicker to build. This presents a significant opportunity for players like Oklo Inc. (NYSE:OKLO), as the company’s Aurora Powerhouse, capable of holding up to 75 megawatts, is well-suited to meet the needs of large-scale data operators without the necessity for design alterations. Moreover, Oklo’s unique business model, which involves selling power directly to consumers under long-term contracts, puts it in a strong position to generate sustained, recurring revenue and mitigate the usual challenges in nuclear project development.

While we acknowledge the potential of OKLO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk.  If you are looking for an AI stock that is more promising than OKLO and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.