OKLO Hit a Record High This Week. Here is Why.

The share price of Oklo Inc. (NYSE:OKLO) surged by 29.55% between September 9 and September 16, 2025, putting it among the Energy Stocks that Gained the Most This Week.

OKLO Hit a Record High This Week. Here is Why.

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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) hit an all-time high this week after the company announced plans to design, build, and operate a facility in Tennessee to recycle used nuclear fuel into fuel for fast reactors like the company’s own Aurora powerhouse. The ambitious project is expected to cost $1.68 billion and will be the first of its kind in the United States.

Oklo Inc. (NYSE:OKLO) revealed that it has already completed a licensing project for the facility with the Nuclear Regulatory Commission and is currently in pre-application engagement with the regulator’s staff. The facility is anticipated to begin producing fuel for the company’s SMRs by the early 2030s.

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