Leopold Aschenbrenner Stock Portfolio: Top 10 Stocks

6. Bloom Energy Corporation (NYSE:BE)

Situational Awareness LP’s Stake: $879 Million

Bloom Energy Corporation (NYSE:BE) is the largest bull position in the 13F portfolio of Situational Awareness LP. In filings for the first quarter of 2026, the fund revealed it owned close to 6.5 million shares in the company, down close to 35% compared to filings for the fourth quarter of 2025. This bet is an excellent case study into the investing acumen of Leopold Aschenbrenner. Over the past six months, the share price of the firm has jumped close to 170% and Aschenbrenner has capitalized handsomely on this gain. The core thesis remains the same. Data center operators can buy all the GPUs they want, but standard utility grids cannot supply electricity fast enough to power them. The solid-oxide fuel cells of Bloom bypass the grid entirely by providing immediate, off-grid, on-site baseload power using natural gas or hydrogen.

In the Q1 2026 earnings report, Bloom Energy Corporation (NYSE:BE) reported record-breaking revenue of $751.1 million, up 130.4% year-over-year from $326 million in Q1 2025. This obliterated Wall Street consensus estimates, which expected a modest $531 million to $552 million. The top-line acceleration was driven by the Product segment, which surged 208.4% to $653.3 million, accounting for 87% of total corporate revenue. The crown jewel of this validation is the selection of Bloom as the exclusive power provider for the Project Jupiter AI data center cluster. Bloom is contracted to provide up to 2.45 gigawatts of continuous, on-site power to the site. To put this into context, 2.45 GW is enough electricity to power roughly 1.8 million homes, or roughly 2.5 times the total power capacity of all data centers built in Northern Virginia.