Commonwealth Fusion Systems is a private company building in fusion energy, founded in 2018. Investors last valued the company at $5B. The stock is not listed on any public market.
One company valuation: $5B.
EniLEAD
TemasekLEADEEquinorLEADDDevonshire InvestorsLEAD
Breakthrough Energy VenturesLEAD
Khosla VenturesLEAD
GoogleLEADBBill GatesLEAD
NvidiaPpension fundsSsovereign wealth funds
Eni
TemasekEquinorDevonshire InvestorsCommonwealth Fusion Systems is an American fusion power company founded in 2018 as a spin-off from the MIT Plasma Science and Fusion Center, headquartered in Devens, Massachusetts. It is building the SPARC tokamak using high-temperature superconducting magnets made from a proprietary tape called VIPER, technology meant to let fusion reactors shrink to a commercially viable size.
The company plans a grid-scale ARC power plant in Chesterfield County, Virginia, expected to produce about 400 megawatts by the early 2030s, and has signed a direct corporate power purchase agreement with Google for 200 megawatts of that plant's output.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Commonwealth Fusion Systems.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. Commonwealth Fusion Systems availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — Commonwealth Fusion Systems included.
The last valuation is $5B.
Lead investors for each round are in the funding timeline.
The closest fusion energy peers are on the competitors page.
The routes section explains what is realistically available for a company at this stage.
No. Commonwealth Fusion Systems is a private company; its shares do not trade on a public exchange.