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IPO Market For AI Freezes Up While The Nuclear SPAC Market Runs Hot
IPO Market For AI Freezes Up While The Nuclear SPAC Market Runs Hot
While it looks like OpenAI's IPO has been put on ice as they try to paint SpaceX as the scapegoat, there's still one sector that simply can't launch the IPOs and SPACs fast enough.
After an announcement earlier this year that saw nuclear industrial company Holtec file privately for an IPO, one of the leading reactor developers X-energy debuted on the public market at an almost $10 billion valuation.
Since then, microreactor developer Hadron Energy has completed their SPAC...
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DOE FY27 Budget Requests $45 Billion in Nuclear Funding
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The White House fiscal year 2027 budget proposal has requested almost $54 billion for the Department of Energy in fiscal year 2027, with almost 80% of that funding going towards nuclear energy and nuclear deterrent programs. The funding request represents a nearly $5 billion increase from 2026 levels.
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Iran Deploys Combat-Ready Mini Subs In Hormuz As US Flexes Nuclear Submarine En Route
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Rival submarine threats have emerged Monday amid the ongoing Strait of Hormuz showdown and as President Trump has said the ceasefire with Iran is on "massive life support".
A US Navy nuclear-armed submarine has arrived in Gibraltar while en route into the Mediterranean Sea and likely Central Command or Middle East regional waters, in a very rare Pentagon admission of the whereabouts of one of America's most secretive weapons.
Source: GBC News
"The port visit demonstrates U.S. capability, flexibility, and...
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