Sounds legit...Nuclear technology company Oklo has no revenues, no licence to operate reactors and no binding contracts to supply power. But this has not stopped the Silicon Valley-based start-up from riding a wave of investor enthusiasm that has propelled its stock market valuation above $20bn.
Tehran is hoping that more solar capacity could ease an energy crisis that forced it to renew rolling blackouts this year, as it faced critical fuel shortages despite having the world’s third-largest oil reserves and second-largest natural gas reserves.
Iran is seeking to fast-track solar energy projects in an effort to ease biting electricity shortages because of crumbling infrastructure and years of US sanctions.
The US spent almost $1 trillion in the 12 months ending June, money that most everyone would prefer to spend on goods or services of their choosing. In the 90s, the annual average was closer to $80 billion in current dollars.
Maguire, an outspoken and high-profile investor who is close to Musk, wrote on X in July that New York mayoral candidate Zohran Mamdani “comes from a culture that lies about everything. It’s literally a virtue to lie if it advances his Islamist agenda. The West will learn this lesson the hard way.”
