Fusion energy has been “20 years away'' for decades, but has science finally caught up? Private investment in fusion companies has soared from $10 billion to $15 billion in just a few months, and the money is coming from unexpected places.
In this episode of TechCrunch's Equity Podcast, Rebecca Beran and guest host Tim de Chant sit down with Rachel Slaybaugh, general partner at DCVC, to discuss why serious investors are finally treating fusion as a real asset class, and what the return theory actually looks like when no one expects the power plant to exist during the life of the fund.
Listen to the full episode to hear:
Why the fusion investment thesis is more like biotech and SpaceX than traditional VC, and what the “fusion euphoria” has to do with it What the Q-value milestone actually means and how close major startups are to hitting numbers that could trigger the opening of public markets How superconducting tape and AI-assisted plasma physics are working as quietly as big science headlines Why a fusion company merging with Trump Media and Technology Group made Tim second-guess his opinion Inbox
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