Oklo Stock Slides As Short Seller Sets Sights On Altman-Backed Nuclear Startup
Oklo Stock Slides As Short Seller Sets Sights On Altman-Backed Nuclear Startup
Benzinga has reached out to Oklo for comment on the Kerrisdale report.Oklo Inc (NYSE:OKLO) shares are trading lower Wednesday after Kerrisdale Capital released a short report claiming the nuclear company is overvalued.
Oklo Inc（紐交所:OKLO）股票週三交易下跌，因Kerrisdale Capital發佈了一份短報告，聲稱這家核公司被高估。
What Happened: Short selling firm Kerrisdale announced a short position in Sam Altman-backed nuclear startup Oklo Wednesday morning.
事件經過：做空機構Kerrisdale宣佈週三早間對山姆·奧特曼支持的核初創公司Oklo進行做空。
"Virtually every aspect of Oklo's investment case warrants skepticism," the short seller said.
「Oklo投資案例的幾乎每個方面都值得懷疑，」做空者表示。
Benzinga has reached out to Oklo for comment on the Kerrisdale report.
Benzinga已經就Kerrisdale的報告聯繫Oklo尋求評論。
Oklo went public in May through a SPAC merger with Altman's AltC Acquisition Corp. Oklo shares are up about 185% over the last three months, driven by increased optimism around nuclear after multiple big tech companies signed deals with nuclear power startups to help keep up with rising energy demands of data centers.
Oklo於5月通過與奧特曼的AltC Acquisition Corp進行SPAC合併而上市。Oklo股價在過去三個月上漲約185%，主要受到核能量大增樂觀情緒的推動，多家科技巨頭與核電初創公司簽署協議，以幫助應對數據中心能源需求不斷增長。
Kerrisdale said the recent momentum in Oklo shares is retail-driven, given that Oklo is a "story stock" with no expected revenue for multiple years. The short seller noted that Oklo has plans to submit a license application to the Nuclear Regulatory Commission (NRC) in 2025 and has said it's targeting its first nuclear deployment by late 2027.
Kerrisdale表示Oklo股價最近的勢頭是由零售投資推動的，因爲Oklo是一家「故事股」，多年內沒有預期的營業收入。做空者指出，Oklo計劃於2025年向核監管委員會(NRC)提交許可申請，並表示計劃在2027年底前部署首個核電項目。
Kerrisdale said it spoke with a former NRC commissioner who believes Oklo's timeline is "beyond optimistic." The short seller said the former NRC commissioner said it would "probably take at least four years" to obtain a license.
Kerrisdale表示，該公司與一位前核監管委員會委員進行了溝通，後者認爲Oklo的時間表「過於樂觀」。做空者表示，前核監管委員會委員表示獲得許可「可能需要至少四年」。
Kerrisdale also said a former Oklo employee told the short seller the company's senior management team is "very inexperienced." The short seller alleged that Oklo is using "outlandish" fuel cost assumptions in its forecasts and has "lowballed" its projections by a factor of five.
Kerrisdale還表示，一位曾在Oklo工作的員工告訴做空者，該公司的高級管理團隊「非常缺乏經驗」。做空者聲稱Oklo在其預測中使用了「不切實際」的燃料成本假設，並且通過至少五倍的因素「低估了」其預測。
The short seller further highlighted commentary from an "industry participant" who allegedly said if Oklo used "real numbers" in its forecasts, "this program would be over."
空頭賣家進一步強調來自一位"行業參與者"的評論，據稱，如果Oklo在其預測中使用"真實數據"，"這個項目將結束"。
"Many of the expert views shared in this report were pointed and critical of Oklo precisely because SMRs may play a role in meeting our energy goals, but promoting unrealistic timelines and benefits only does a disservice to the industry's cause," the short seller said.
"這份報告中分享的許多專家觀點之所以指向和批評Oklo，正是因爲小型模塊反應堆可能在實現我們的能源目標方面發揮作用，但是提倡不切實際的時間表和好處只會損害行業的事業，"空頭賣家說。
OKLO Price Action: Oklo shares were down 3.35% at $21.07 at the time of publication Wednesday, according to Benzinga Pro.
OKLO價格走勢：根據彭博專業版，發表當天，週三Oklo股價下跌3.35%，報21.07美元。
Photo: courtesy of Oklo.
圖片來源：Oklo。
