Find XO: $7.1 Billion Fusion Market, Winner-Takes-All Rule (techcrunch.com)

- More than 90% of the $7.1 billion invested in private fusion has concentrated on the top 13 companies that each received over $100 million. - One company, CFS, took about $3 billion, accounting for roughly one-third of the total. - The playing field is already tilted to settle the outcome by the reactor itself. - For founders, supply chain bottlenecks around them are a realistic concern, but since there are only a few customers, sales easily get tied up with the schedules of one or two companies. - Let's first consider whether this is a common problem across multiple approaches.