Peter Thiel's venture capital firm is preparing to sell its stake in Oklo Inc., a nuclear technology developer supported by Sam Altman, as the lockup period on its shares is about to end.

Oklo's stock value has risen significantly since its initial public offering earlier this year, resulting in substantial profits for its founders and early investors.

Following the expiration of the six-month restriction after Oklo's blank-check merger, Thiel's firm can begin selling approximately 13.5 million shares starting on Wednesday. This is an important moment for major venture capital investors who have been eagerly awaiting the opportunity to profit from their investments in the rapidly growing nuclear technology sector.