So, let me get this straight. The big brain solution to power the "AI Revolution" is... Rick Perry?
That’s the story we’re being sold this week. A company called Fermi America, ticker symbol FRMI, just burst onto the Nasdaq like a firework nobody asked for. It held its IPO on Wednesday, vacuumed up $682 million from God knows where, and by Thursday the `FRMI stock` price had popped nearly 55 percent. Wall Street loves it. The money printers are going brrrr. And I’m sitting here wondering if I’m the only one who feels like I’m taking crazy pills.
Everyone’s chasing the next big thing, the next rocket ship to the moon. They see a new ticker, hear the magic words "AI" and "energy," and they just start throwing money at it. The `fermi ipo` was a smashing success, if your definition of success is separating fools from their cash with maximum efficiency.
I’ve seen this movie before. We all have.
The Future of AI is... Your Grandpa's Power Plant?
A Hype Train Fueled by… Natural Gas?
Let’s break down what `Fermi America` actually is, because the marketing copy is working overtime. The company, co-founded by CEO Toby Neugebauer and the aforementioned Rick Perry, says its mission is to meet the insane energy grid demands of our new AI overlords. How? With the cutting-edge, futuristic technology of… natural gas and nuclear power plants.
Wow. Groundbreaking.
This is the genius play. You take two of the oldest, most politically-charged energy sources on the planet, slap a shiny "AI" sticker on the box, and suddenly it’s innovation. That ain't innovation, it’s just a new paint job on the same old engine. The `fermi company` is basically selling us a horse and buggy and telling us it’s a spaceship because the guy holding the reins once saw a picture of a rocket.
The market, offcourse, doesn't care. The `fermi stock price` is soaring. The `reddit stock` forums are probably buzzing with rocket emojis, completely oblivious to the fact that they’re cheering for a glorified utility company run by a political insider. The details are boring; the ticker going up is exciting. And in the 2025 `stock market`, that’s all that seems to matter.
This is a bad idea. No, 'bad' doesn't cover it—this is a fundamentally cynical, transparently lazy grift disguised as a tech play. They’re banking on the idea that if they say "AI" enough times, nobody will notice the whole operation is about as forward-thinking as a flip phone.
The Best Investment? Your Old Government Job.
The Revolving Door Has a New Gold Handle
And now we have to talk about the elephant in the room. Or, the former Secretary of Energy in the room.
Rick Perry.

The man who once famously couldn't remember the name of the Energy Department during a debate—the very department he later ended up running—is now the co-founder of a major energy company. The revolving door between Washington D.C. and the private sector isn't just spinning anymore; it’s been upgraded to a high-speed maglev train. One day you’re setting national energy policy, the next you’re cashing in on that same policy.
Am I supposed to believe this is a coincidence? That after years overseeing the nation’s nuclear and fossil fuel strategies, Mr. Perry just happened to develop a passion for… building nuclear and fossil fuel power plants? Give me a break. He didn't find a new passion. He found a new payout. This is the logical conclusion of a system that treats public service as a stepping stone to private wealth.
He knows the regulations because he helped write them. He knows who to call because they used to be his subordinates. This isn't an investment in technology; it's an investment in connections. And that’s a much safer bet.
I’m supposed to be writing about the `fermi america ipo` and its stock performance, but it’s impossible to separate the money from the politics. They are the same thing. They’re building this massive energy infrastructure for an AI future that might not even…
Speaking of weird, I saw a headline about `rocky mountain national park early snow`. In October. Seems the planet is sending us some pretty clear signals while we’re busy figuring out how to burn more stuff to ask a chatbot to write a poem. The irony is so thick you could cut it with a knife.
The Real Product Isn't Progress, It's the Ticker Symbol
The Real Product Isn’t Energy
Here’s the part that really gets me. The "AI Revolution" narrative.
It's the perfect excuse. It’s big, it’s scary, and it’s abstract enough that you can justify anything with it. "We need more power for the AI!" they scream. And who’s going to argue? Nobody wants to be the Luddite who stands in the way of progress.
But what progress are we talking about? The power to generate more deepfakes? To create better algorithms that sell us more junk we don't need? To automate away more jobs? I’m not saying AI has no value, but we’re acting like it’s a divine mandate that requires us to torch every last environmental and ethical standard we have.
The stated goal of `Fermi Energy` is to meet demand. But the unspoken goal is to create a story so compelling that investors will line up to give them hundreds of millions of dollars. The energy is the byproduct. The real product is the stock. The product is the narrative. The product is the `frmi` ticker symbol itself.
Then again, maybe I'm the crazy one here. Maybe this is just how the world works and I'm the idiot yelling at the financial tide. The `fermi stock prediction` from the "experts" is probably all sunshine and rainbows. People are making money. The line is going up. Who am I to argue with that?
It just feels… empty. A ghost in the machine, powered by another ghost from a past administration, all sold to us as the future.
So We're Just Doing This Again, Huh?
Look, this isn't about innovation. It's about access. It's old money and old power dressing up in a new technological costume to get paid one more time. They're selling a story about tomorrow using the players and the playbook of yesterday. And for now, at least, the market is buying it. Hook, line, and sinker.
Reference article source: