The article argues that Bloom Energy (BE) is unlikely to make most investors millionaires on its own, though it could still deliver substantial gains over the next several years. Bloom makes fuel cells that generate electricity without combustion, a product attractive to data centers whose power needs are straining local grids. Revenue topped $1 billion in the second quarter, the first time it has exceeded that level in a quarter, and operating expenses grew more slowly than revenue, producing a profit. The main concern is valuation: with a market cap of nearly $83 billion, the stock trades at about 20-21 times expected 2026 revenue. Turning $10,000 into $1 million would require a 100-fold gain, which at today's valuation would imply an $8 trillion company.
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