Westinghouse could be on a path to going public (with the federal government as a shareholder) by 2029 after signing an $80B deal with the Trump administration. (CNBC)
The Commerce Dept signed a deal with Westinghouse’s owners to finance a wave of AP1000 reactor construction across the US. If the company’s value reaches $30B, the government could trigger a public offering and take an 8% ownership stake.