Kilowatts or connections? Trump's favored nuclear start-ups soar to riches.

[mahatmakanejeeves]

Kilowatts or connections? Trump’s favored nuclear start-ups soar to riches.

Founders of politically connected nuclear companies that have never built commercial reactors are becoming billionaires.

November 26, 2025 at 6:08 a.m. EST Yesterday at 6:08 a.m. EST
13 min


Toby Neugebauer, left, and Rick Perry ring the closing bell Oct. 1 during Fermi America's initial public offering at the Nasdaq MarketSite in New York. (Victor J. Blue/Bloomberg/Getty Images)

By Evan Halper
https://www.washingtonpost.com/people/evan-halper/

The fledgling Texas company Fermi America has yet to produce an electron, split an atom or survive the torturous gantlet of regulatory and manufacturing obstacles required to build a nuclear reactor.

But investors are betting big that the Trump administration will help Fermi turn from a glossy, aspirational marketing brochure into a cutting-edge nuclear operation to meet the rapacious energy needs of AI data centers. So much so that they catapulted its founders into the ranks of the world’s richest men a few months after Fermi filed paperwork with regulators to build the “Donald J. Trump Advanced Energy and Intelligence Campus.”

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[BlueWaveNeverEnd]

1. Theyll skeedaddle with their billions and leave others on the hook

[hunter]

2. It's a natural gas powered data center with nuclear, wind, and solar window dressing.

They'll build the data center, the natural gas power plants, some solar, some wind. The nuclear plants won't get past the planning stage. Then the AI bubble will burst and the gas power plants will be sold cheap to their buddies.

The scammers will walk away with the money and the government will bail out all the idiot "investors," which will include the government itself, using money that might otherwise have been spent on people they consider useless -- the young, the elderly, the sick, the unemployed, the unemployable, in fact, anyone who is not part of the fascist wealthy white guy club.
.
This is bullshit.