Note that the target price (which probably wasn't going to be achieved) also involved about $30/MWh of federal subsidies, and the target assumed 40-50 reactor modules being built (it was not the price for those first six modules for CFPP).
It was clear what was going to happen after they announced the price increase late in 2022/early 2023. NuScale carefully stopped making positive statements that could get them personally sued and the executives started unloading their stock.
It was clear what was going to happen after they announced the price increase late in 2022/early 2023. NuScale carefully stopped making positive statements that could get them personally sued and the executives started unloading their stock.