Peter Thiel’s $50M Bet on American Nuclear Fuel, General Matter

General Matter CEO Scott Nolan discusses the necessity of revitalizing American nuclear fuel production. He argues that the U.S. has fallen behind in energy production, particularly compared to China, which now has double the energy production. Nolan points out that U.S. dependence on foreign countries for nuclear fuel enrichment poses both economic and security risks. He highlights executive orders aimed at re-regulating the nuclear industry, reducing foreign reliance, and promoting economic growth through energy independence. Drawing from his experiences at SpaceX and Founders Fund, Nolan emphasizes combining industry expertise with innovative approaches to make nuclear energy the cheapest source of baseload power. He also touches on the potential for AI to drive increased energy demands, making nuclear power an essential long-term solution.