“So the US in the eighties was actually more than 80% of global enrichment.”
quote is from the automated transcript, cleaned for reading:
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More from Scott Nolan
Insight
Nolan: Fuel can exceed half the operating cost for small advanced reactors
“And so you go from a situation where the reactor is over 90% of total cost of energy produced to where, and fuel is obviously single digit percentages with low enriched uranium and gigawatt scale reactors and those simple metal fuel pellets to now where the fu…”
Scott NolanJun 5, 2026▶ 16:08SpaceX’s Secret, Nuclear's Rebirth, and the AI Power Crisis · Joe Lonsdale
PredictionOpen · timeframe Dec 2030
Nolan: Advanced nuclear reactor deployments will ramp significantly starting in 2030
“That, I think those, that timing is coming, you know, 20, 28 through 20 30. They're gonna first really start doing the, you know, single digit deployments, and then I think 2030 is where it really ramps.”
Scott NolanJun 5, 2026▶ 28:02SpaceX’s Secret, Nuclear's Rebirth, and the AI Power Crisis · Joe Lonsdale
PredictionNot checkable as stated
Nolan: Allied nuclear fleets will rely on Russia and China without US
“If the U.S. Does not provide enrichment To these countries, they will have to get it somewhere else as they build up their nuclear fleet, or they turn back on their nuclear fleet, and that'll be Russia, China.”
Scott NolanJun 5, 2026▶ 34:45SpaceX’s Secret, Nuclear's Rebirth, and the AI Power Crisis · Joe Lonsdale
AssertionNot checkable as stated
Nolan: SpaceX can be cash-flow positive whenever it wants to be
“I think now the company, you know, has money and can be cashflow positive whenever they want to be.”
Scott NolanJun 5, 2026▶ 8:29SpaceX’s Secret, Nuclear's Rebirth, and the AI Power Crisis · Joe Lonsdale
AssertionContradicted
Nolan: Uranium enrichment is the only nuclear step the US lacks domestically
“The reason we're doing enrichment is because that's the one step the US doesn't do at any scale.”
Scott NolanJun 5, 2026▶ 17:08SpaceX’s Secret, Nuclear's Rebirth, and the AI Power Crisis · Joe Lonsdale
Opinion
Nolan: Factory-built nuclear energy should drop below 3 cents per kilowatt-hour
“I think three cents shouldn't even be the limit. Like that was three cents building huge gigawatt scale mega construction projects, not factory production. And so I think we should physically be able to get less than three cents if we were doing it before.”
Scott NolanJun 5, 2026▶ 37:24SpaceX’s Secret, Nuclear's Rebirth, and the AI Power Crisis · Joe Lonsdale
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