Rick Perry’s AI power startup Fermi already has a $16 billion market cap—and zero revenue
Investment
Fortune

Rick Perry’s AI power startup Fermi already has a $16 billion market cap—and zero revenue

Why This Matters

Fermi’s partisan leanings even mean naming the site the “President Donald J. Trump Advanced Energy and Intelligence Campus.”

October 10, 2025
11:18 AM
7 min read
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  • Consumer sector trends provide insights into economic health and discretionary spending patterns

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  • What does this consumer sector news reveal about economic health and spending patterns?

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