Fusion power seeks to use the energy released from the fusing of atoms to generate electricity. Humans have known how to fuse atoms for decades, from the hydrogen bomb to various fusion devices built in labs.
Vistra's core business is performing at a level that justifies management's confidence. The record Adjusted EBITDA, locked-in long-term power purchase agreements with hyperscale technology buyers, and a ~30% reduction in share count since November 2021 through roughly $5.9 billion in buybacks paint a picture of a management team allocating capital with conviction.