Summary: TAE Technologies is an American nuclear fusion power research company that aims to produce a prototype commercial fusion reactor by 2030. The general public cannot buy TAE Technologies stock as it is a private company. However, you can still invest in its principal backers or buy nuclear fusion stock alternatives using a regulated online brokerage like eToro.
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About TAE Technologies
TAE Technologies was founded in 1998 in Foothill Ranch, California, by physicist Norman Rostoker as a spin-off of his project at the University of California. The company’s pioneering contribution represents the most practical and competitive nuclear fusion solution currently and shows promise in delivering the most efficient clean energy in the near future.
The company holds over 1,400 patents, has raised over $ 1 billion in private capital, and employs more than 600 experts. It has produced innovative commercial patents in related markets, such as power management, life sciences, energy storage, fast charging, and electric mobility. Ultimately, it strives to produce a working prototype of a commercial fusion reactor by 2030.
TAE Technologies stock IPO date
As of February 2024, TAE Technologies remains a privately owned company. Operating as a stealth startup until 2015, it tried to avoid public attention on its assets and research. At the moment, the company shows no intention of going public, and there is no potential IPO date.
However, there are alternative ways to gain exposure to TAE Technologies.
How to buy TAE Technologies stock: step-by-step
Since TAE Technologies is not a public company, you cannot buy its stock. However, you can gain indirect exposure to its performance by investing in its blue-chip backers. Alternatively, you can purchase stocks of other publicly traded nuclear fusion companies. For example:
- Chevron Corporation (NYSE: CVX): Chevron has a global presence in the oil and natural gas market, with an integrated business model and a diversified portfolio that includes renewable energies and alternative fuel sources. In 2022, Chevron invested heavily in TAE Technologies, participating in its $250 million investment round;
- Alphabet Inc. (Nasdaq: GOOGL): Google’s parent is the world’s third-largest IT company but owns subsidiaries in various industries, including biotechnology, self-driving vehicles, and AI. Alphabet provided a significant part of the $250 million investment pool in TAE Technologies alongside Chevron, with several cooperation agreements going back as far as 2014;
- Cenovus Energy Inc. (TSX: CVE): This Canadian energy giant produces oil and gas in the U.S., Canada, and Asia Pacific, but also possesses a stake in nuclear fusion companies. In 2014, it invested in General Fusion, a Canadian rival to TAE Technologies that promises to deliver a magnetized target fusion device by 2025;
- Albemarle Corporation (NYSE: ALB): Albemarle is the world’s largest lithium company that supplies the global industry, primarily electric car batteries and renewable energy storage producers. Although it did not invest in nuclear fusion, it would greatly benefit from its development, as lithium is crucial in fueling the fusion process.
- Eni S.p.A. (NYSE: E; BIT: ENI): Eni is the largest Italian petroleum company with a diverse portfolio that includes natural gas, renewable energy, and alternative fuels investments. In 2018, it obtained ownership in Commonwealth Fusion Systems, an MIT counterpart to TAE Technologies.
Step 1: Choose a broker
Before you can buy TAE Technologies stock alternatives, you need to secure access to the stock market. An online investing platform would be the easiest way to do this.
To securely buy TAE Technologies stock alternatives and invest in nuclear fusion stocks, we recommend you consider eToro:
- Commission-free stock and ETF trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares available;
- Charting tools;
- User-friendly platform.
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Step 2: Open and fund your account
After you select a brokerage platform, you should register and verify your new account. The brokerage will email you the precise instructions.
Next, you should transfer funds into your new account to prepare to invest in TAE Technologies-related public companies. Typically used funding methods include bank transfers, debit or credit cards, and transaction services like PayPal.
Step 3: Decide how much you want to invest
Designating and respecting your budget limits will keep you safe from spiraling debt and a potential financial catastrophe. Furthermore, you also need to make sure you have done the following:
- Paid off all high-interest debt, such as credit cards and personal loans;
- Created an emergency fund that covers at least three months of daily life expenses.
Step 4: Place your order and buy TAE Technologies stock alternatives
Next, you should place an order and purchase shares in TAE Technologies alternatives or principal investors:
- Step 1: Log into your investing service account and find the ticker symbol of the desired nuclear fusion stock;
- Step 2: Type in the amount or the number of shares you want to purchase;
- Step 3: Select the order type (market order or limit order) and place it;
- Step 4: Confirm the trade order.
Pros and cons of investing in TAE Technologies and nuclear fusion stocks
Pros
- Disruptive potential: TAE Technologies is developing a revolutionary form of energy generation that harnesses nuclear fusion. If successful, it will have a highly disruptive impact on global energy markets;
- Long-term investment: Investing in TAE Technologies represents a long-term play on the future of energy, with the possibility of exponential returns if fusion technology becomes viable at scale;
- Environmental benefits: Nuclear fusion developed by TAE Technologies could produce energy with minimal greenhouse gas emissions and zero long-lived radioactive waste, significantly reducing the impact on the environment;
- Intellectual property: TAE Technologies holds valuable patents related to its fusion research, diversifying its portfolio and potentially providing competitive advantages and barriers to entry for potential competitors.
Cons
- Technical hurdles: Nuclear fusion power generation is incredibly complex and challenging, and success is not guaranteed. TAE Technologies will encounter many obstacles in achieving sustained fusion reactions that produce more energy than they consume;
- Competition: TAE Technologies operates in a competitive landscape with other companies and research institutions also working on fusion technology. If nuclear fusion is even feasible, it is not a given that TAE will be the first or most successful in bringing fusion power to market;
- Cost-intensive research: Researching fusion technology needs massive investment in research, development, and infrastructure. If the funding proves insufficient or investment proves too slow to materialize, vital investors will be discouraged;
- Regulation and safety: Fusion technology, like all nuclear technologies, is subject to strict regulatory oversight and must adhere to safety standards. Delays or setbacks in regulatory approval processes could hinder progress and multiply costs.
Common mistakes to avoid when investing in nuclear fusion stocks
Make sure to avoid these common investing mistakes:
- Lack of research: Research the state of nuclear fusion research and development and analyze the current projections about the potential fusion energy market before investing;
- Lack of strategy: Set your goals before you spend any money;
- Staking everything on one asset: Always diversify your portfolio;
- Falling prey to scams: Avoid illegal platforms and suspicious deals;
- Fear of missing out: If the numbers do not add up, do not invest: it is better to miss out than lose money.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy TAE Technologies stock
Is TAE Technologies publicly traded?
No, TAE Technologies is a privately owned company.
How to invest in nuclear fusion stocks?
Investors can buy nuclear fusion stocks in public companies. Unfortunately, TAE Technologies is not a public company yet. However, you can still gain indirect exposure by investing in its major backers or find alternative nuclear fusion stocks.
Can I buy TAE Technologies stock?
Unfortunately, you cannot buy TAE Technologies stock as it is not publicly traded. However, you can invest in nuclear fusion stock alternatives using a regulated brokerage platform like eToro.
What is TAE Technologies' stock symbol?
As a privately owned company, TAE Technologies is not listed on a stock exchange and does not have a stock ticker symbol.
What does TAE Technologies do?
TAE Technologies is an American nuclear fusion energy development company. It aims to produce the first viable nuclear fusion reactor by 2030.
How much is TAE Technologies valued at?
As of February 2024, TAE Technologies is believed to be valued at around $2.6 billion, giving it a unicorn status.
How many employees does TAE Technologies have?
As of February 2024, TAE Technologies has over 600 employees.
What are the best TAE Technologies stock alternatives?
Some of the public companies that stand to benefit from successful nuclear fusion research include Chevron (CVX), Alphabet (GOOGL), Cenovus Energy (CVE), Albemarle (ALB), and Eni (E).
Highly Rated Stock Trading & Investing Platform
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Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
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Copy top-performing traders in real time, automatically.
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