From NewFireEnergy Substack:465,000,0000! The Real Divide Isn't Wealth. It's Energy.The race for energy isn't about sustainability. It’s about dominance
Helion Energy finalized yesterday. The financial headlines were filled with a familiar flavor of techno-euphoria. The fusion darling backed by OpenAI's Sam Altman finalized a staggering $465 million funding round, driving its private valuation to a jaw-dropping $15.5 billion invested to date. They are building a monument to centralized energy in Malaga, Washington: a 60-foot magnetic accelerator designed to deliver 50 megawatts of power directly to Microsoft's AI data centers by 2028.
To the casual observer, it looks like a triumph for the future of clean energy. To anyone paying attention to the deep macroeconomic fault lines of our era, it looks entirely different.