Spot on.  I was even poking around this Terrestrial SPAC 

    Terrestrial / HOND → IMSR
    ~$0.4–1.3B (pre-merger SPAC)
    Pre-COLA licensing; dual DOE programs (reactor + fuel line); molten salt tech tested historically but not commercialized
    Very High if successful
    Very high; SPAC risk, redemption/dilution risk, regulatory uncertainty
    Offers the most asymmetric upside if the SPAC closes and licensing progresses, but execution and timing risk are extreme.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!