Oklo Inc. (OKLO) surged 19.12% in pre-market trading following announcements of Meta's support for its small nuclear plants and ambitious expansion plans.
Meta has pledged to back the development of Oklo and Terrapower's small nuclear plants, signaling strong confidence in the company's technology. Additionally, Oklo revealed plans to expand its facility to deliver 1.2 GW by 2034, which could significantly boost its market position.
Further fueling investor optimism, Oklo announced an agreement to create thousands of construction and long-term jobs, with pre-construction set to begin in 2026 and the first phase expected to go online by 2030.
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