From Nasdaq: 2024-11-11 04:51:00

Three tech billionaires, Jeff Bezos, Bill Gates, and Sam Altman, are all heavily investing in nuclear energy. Bezos is involved in small modular reactors and nuclear fusion technology. Gates is backing Constellation Energy and TerraPower. Altman is the chairman of Oklo, designing nuclear fission power plants using nuclear waste as fuel.

The surge in demand for electricity, driven by data centers and AI, is fueling the revival of nuclear energy. Tesla’s Elon Musk predicts a supply shortage as early as next year. Nuclear energy, with its scalability and reliability, is seen as a viable solution alongside renewable energy sources like wind and solar.

Investing in nuclear energy stocks, like Oklo, Constellation Energy, and Emerson Electric, offers opportunities for different investment styles. While following billionaires isn’t foolproof, their involvement in nuclear energy suggests a promising industry outlook. Consider exploring nuclear energy stocks for potential long-term growth and income opportunities.



Read more at Nasdaq: Billionaires Bill Gates, Jeff Bezos, and Sam Altman Are Investing in Nuclear Energy Hand Over Fist. Should You?