NuScale Power carries a market value of about $4.2 billion despite generating only $10.7 million in revenue over the past 12 months. The company reported second-quarter revenue of just $75,000, down from $8.1 million a year earlier, and a net loss attributable to Class A shareholders of $47.5 million. NuScale holds $1.9 billion in cash and investments and this week added a new $750 million at-the-market stock sale program. The article notes that the last U.S. nuclear boom produced only two completed reactors out of 26 applications, with Vogtle Units 3 and 4 costing more than $30 billion versus an original $14 billion estimate and entering service about seven years late.
